News Corp President/coo No Cheap Deals With Digital

Echoing the sentiments of News Corp Chairman Rupert Murdoch, Chase Carey, the company's deputy chairman, president and COO, said Wednesday that the company's Fox broadcasting and cable networks will only allow their content to be distributed online if they are paid "fair value." He indicated that Fox has made a very modest content deal with Netflix to allow some of its programs to be streamed -- but, in an address to the UBS Global Media and Communications Conference in New York, he worried that cable and satellite companies might not buy those shows if they're available on Netflix's $8.00-a-month streaming service. Carey also criticized the disparity in carriage fees paid by cable companies, noting that News Corp's Fox News channel receives only a fraction of what Disney's ESPN does. He said that he intends to demand higher rates for the channel in upcoming renewal talks with the cable companies. "I would say it is right up there with ESPN in terms of being as important a channel that exists out there," he said. Currently Fox News is believed to average around 58 cents per subscriber per month, according to SNL Kagan, while ESPN averages around $4.00.

09/12/2010


Contactmusic

Tags: Rupert Murdoch - Fox News

Advertisement

More Rupert Murdoch

"Old Fashioned?" Rupert Murdoch Hints at U-Turn on Page 3 Girls

Page 3 girls could be replaced by 'beautiful young woman in fashionable clothes' after Rupert Murdoch called his own creation "old-fashioned". The founder of The...

George Clooney Going after News Corp with Phone Hacking Movie

Oscar-winner George Clooney is ready to put the disappointment of The Monuments Men behind him and dive straight back into directing, helming a film about...

Malorie Blackman Fights Back After Inaccurate Headline Incites Racist Abuse

The children's laureate Malorie Blackman says she will not let "haters" silence her after an inaccurate headline on Sky News led to the author receiving...

Sky Buy Up The Production Company Behind Benefits Street And The Great British Bake Off

BSkyB has made a significant purchase, prising independent company Love Productions from the grasp of terrestrial TV channels.The deal sees BSkyB own a 70% stake...

Advertisement

Jennifer Lawrence Stuns In Blue Velvet At The World Premiere of 'X-Men: Days Of Future Past' - Part 4

Jennifer Lawrence looked breath-taking in blue velvet at the world premiere of 'X-Men: Days Of Future Past' held at the Jacob Javits Center in New...

The Most Expensive Celebrity Divorces Of All Time

It’s been great to see Elin Nordegren has finally been moving on since her 2010 split with golf pro Tiger Woods. Nordegren has recently been...

Wendi Deng Murdoch Besotted With Tony Blair?

Wendi Deng Murdoch, the former wife of media mogul Rupert Murdoch, was seemingly infatuated with former British Prime Minister Tony Blair. In a love letter...

Rupert Murdoch And Third Wife Reach Divorce Settlement

Rupert Murdoch and his third wife Wendi Deng have finally come to a settlement on their divorce.The pair officially ended their 14 year marriage in...

Advertisement

Comments

Rupert Murdoch Newsletter

Subscribe to this news alert service to receive news and reviews on Rupert Murdoch

Unsubscribe | Unsubscribe All