Ion Could Still Get Affiliation Deal With Fox, Cowen Analyst Says
Ion Media's electing for must-carry status doesn't preclude it from signing an affiliation deal with Fox that would see the network moving from some Sinclair and/or Tribune stations, Cowen's Paul Gallant emailed investors Wednesday. Ion still could collect license fees…
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through retransmission payments if it carried Fox as a second digital stream within its 6 MHz broadcast signal, the analyst said. He said the FCC decided broadcasters electing for must-carry are entitled only to cable carriage of the primary digital signal, and any other digital signal a broadcaster wants carried on cable is to be negotiated via retrans consent. Even if Sinclair/Tribune asked the FCC to reconsider that requirement, the policy still wouldn't cover Ion's must-carry election of earlier this month (see 1710130031), he said.