Moonves: ‘Not All Station Groups Are Created Equal’

Broadcasting & Cable

CBS Corp. President/CEO Leslie Moonves said the network has big plans to grow its retransmission consent revenue in the coming years, with the CBS affiliates kicking in a bigger chunk of revenue they’ve negotiated with pay-TV carriers.

Speaking to a room full of investors at the Goldman Sachs Communacopia conference in New York Wednesday, Moonves said it’s not one size fits all when negotiating with the local broadcasters.

“Not all station groups are created equal,” he said. More…