Ben Gilbert: belief

Transcript context

…Yeah, this is NBC, ABC, Fox, charging the cable companies to bring those broadcast networks onto the cable companies, even though they are also available for free over the air to consumers. Right, but if you have a cable package and in your cable package, you choose to go to the NBC station, then NBC gets paid by the cable company for bringing you as a viewer. I think that revenue stream was almost as large as the advertising revenue stream. They have these two big pillars of their business, the direct subscription revenue that comes from retransmission fees and the advertising revenue. Obviously retransmission is sort of dwindling as cable dwindles, but the belief is, well, hey, with Peacock or with Fox Sports or any of these apps, we have our own direct monetization, or even if we're included in YouTube TV. One way or another, we're getting the equivalent of a subscriber fee for this too. Obviously that's a subscription that is paid for all of the networks programming, but as we talked about on the episode, basically it's the NFL that matters here.…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.