mikemcguff.com: ABC stations called out for not entering video sharing agreements

Monday, July 13, 2009

ABC stations called out for not entering video sharing agreements

I've been talking about how TV station news departments are sharing video with each other in local news sharing agreements across the country. One station owner has been absent from those posts and now an analyst calls ABC out:

Pali Research analyst Richard Greenfield blasts ABC in a report for not partaking in cost-cutting content pools in markets where it owns a station. "Why Do ABC's Stations Want to Have the Highest Cost Structure in Local News?" is the title of Greenfield's report, issued this morning.

With local news viewing and revenue in decline and the sector seeing increased competition from the likes of new local sites from ESPN and Huffington Post, Greenfield says partnerships such as the Local News Service (LNS) between Fox and NBC and, in some markets, others, makes abundant sense. READ THE REST