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Is valuation of broadcasting companies being pulled down by the negatives of distribution?

April 26, 2017broadcasting companies distribution negatives pulled valuation

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Is valuation of broadcasting companies being pulled down by the negatives of distribution?

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The broadcasting channels would have an awful lot more value if the distribution business was better. There is talk of only 13 per cent subscription money going back to the broadcasters. Obviously, if this climbs to 40 per cent, broadcasting companies will become more profitable.