CBS-TWC fight has major implications for broadcaster stocks

|By:, SA News Editor

A report by research firm SNL Financial delves into the details of the negotiations between CBS (CBS +0.1%) and Time Warner Cable (TWC -0.1%) over retransmission fees.

CBS wants $2 per TWC subscriber each month compared to the $0.65-$0.75 it was earning under the old contract.

If CBS lands a hefty figure it could lead to a significant upward revision of earnings estimates across the broadcasting sector (CMCSA, DIS, FOXA, CBS, AMCX, VIAB).

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