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Media companies benefit from higher network fees

Anick Jesdanun (via AP/ SMH) | May 2, 2013
Media companies benefited from higher fees for cable television networks such as TBS, Comedy Central and CNBC in the first three months of the year.

With video consumption, subscriptions and rates all growing worldwide, Bewkes said, "we think that's a very good place to be."

Time Warner expects further growth in distribution revenue next year as the Turner channels, including TBS, TNT and TruTV, benefit from new deals with higher rates.

 

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