Despite regulator action to the contrary, SNL Kagan data has revealed that broadcasters' retrans fees amounted to just 8.9% of what multichannel operators paid to basic cable networks and regional sports networks in 2013.
RT, an international news network that broadcasts round-the-clock in English, Arabic and Spanish from its studios in Moscow and Washington, DC, has become a 2014 gold medalist at the New York Festivals Television and Film Awards, in the documentary category. The network also took two bronze medals.
The value of shares in Chinese cable TV company Wasu Media Holding Company rose by 10% the day after it agreed to sell a 20% stake to Alibaba's founder Jack Ma, co-founder Simon Xie, and fellow billionaire Shi Yuzhu for ¥6.54 billion (US$1.05 billion).
Hemisphere Media Group has completed the previously announced purchase of three Spanish-language cable television networks from Media World for $101.9 million in cash.