Media Earnings Wrap

Cable companies see major revenue increases

If one thing marked media holding companies’ summer earnings reports, it was the big jump in revenue from their cable networks—with a major factor behind those jumps. “It’s not subscriber growth driving the numbers. It’s more [carriage] revenue,” said Jessica Reif Cohen, a media analyst with Bank of America-Merrill Lynch, about the renegotiations over affiliate fees—the chunk of cable subscription revenue paid back to content owners.

AW+

INDEPENDENCE DAY SALE

Subscribe today!

APPLY PROMO CODE "JULY20" AT CHECK OUT FOR 20% OFF

View Subscription Options

Already a member? Sign in