Networks Ready to Cash In

Combined haul for broadcast, cable to hit $18.5 billion in upfronts

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With about three weeks to go before the broadcasters unveil their 2011-12 upfront slates, you don’t exactly have to place a call to Dionne Warwick and the old Psychic Friends Network to figure out that the TV networks are going to make a killing.

According to a new forecast issued by analyst Anthony DiClemente of Barclays Capital, the Big Four broadcasters are likely to increase their upfront commitments by 7.5 percent year-over-year to $9.23 billion, beating the previous high-water mark of $8.8

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