With media companies prioritizing streaming, the pressure to raise programming fees on affiliates appears to be easing, according to
Sinclair Broadcast Group president and CEO Chris Ripley.
Sinclair this week announced it
renewed its stations’ affiliation agreement with The Walt Disney Co.’s ABC network.
On the company’s
third-quarter earnings call with analysts and investors Wednesday morning, Sinclair CEO Chris Ripley said “there has been a shift in terms of negotiating position” as networks have moved some of their best content to streaming.