Facts a moving target in Local TV Matters press conference
Coalition of broadcasters present biased, inaccurate information in response
There are numerous important facts, however, that the Big Networks did not tell Canadians today:
The Big Networks Said:
Cable and satellite providers paid
They didn't say:
Cable and satellite providers pay seven times that amount -
The Big Networks Said:
Cable and satellite providers are stealing broadcasters' signals.
They didn't say:
Cable and satellite distributors provide countless benefits to the big networks.
Just one of those, simultaneous substitution of Canadian ads, contributes more than
But the largest advantage provided free of charge to broadcasters by cable and satellite distributors is the rebroadcasting of their over-the-air signals which provides local TV advertisers with no less than 92% of their viewing audience. Thus, their largest revenue stream is provided almost entirely by cable and satellite distribution.
The Big Networks Said:
In the
They didn't say:
Canadian distributors are required by regulation to carry local stations in their basic cable or satellite packages. This means that your local television provider has to carry these signals and provide prime dial allocations to the full suite of local TV stations. The revenue generated from this rule benefits broadcasters, and only broadcasters. While no such rule exists in the
The Big Networks Said:
Advertising revenues are 'in decline' and 'not likely to recover'
They didn't say:
Even broadcasting moguls say that their business is rebounding. Just this week Canwest CEO
For further information: Jan Innes, Rogers Communications Inc., [email protected], (416) 935-3525; Jacqueline Michelis, Bell Media Relations, [email protected], (613) 685-1427, 1-888-482-0809
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