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...also has a tough opponent. Mosley is a wily 38-year-old who twice defeated Oscar De La Hoya. (Both Mayweather and Mosley have agreed to random blood testing.) Richard Schaefer, CEO of Golden Boy, which is promoting the fight, predicts that HBO will sell 3 million pay-per-view buys to make it the biggest fight in boxing history. It will also be shown in theaters nationwide. (Watch TIME's video "A Free Boxing Lesson with Oscar De La Hoya...
Cable companies, not surprisingly, have resisted, asking why they should pay for content that's broadcast over the airwaves to non-cable subscribers for free. They say they already give companies like Disney, which owns ABC, plenty of money - Disney gets about $200 million a year from Cablevision alone, for the right to carry cable networks like ESPN and the Disney Channel. (ESPN is reputed to get $4 per month per subscriber, the highest of any cable channel.) And any increases in costs, they note, will likely be passed on to consumers...
...happened to be one of Cablevision's 3.1 million subscribers in New York, New Jersey or Connecticut on Sunday, you missed some classic TV: a closeup of Academy Award winner Mo'Nique's hairy legs on Barbara Walters' Oscar special, Kathy Ireland's freaky posture on the red carpet and Neil Patrick Harris singing about why inmates drop soap. That's because ABC cut off the signal of its New York City station to Cablevision subscribers just after midnight on Sunday morning, in a dispute over "retransmission fees," the money the cable company pays for carrying local broadcast stations...
...screens of Cablevision customers in the New York City area to present the award for Best Supporting Actor. Reports of the agreed-upon price between ABC and Cablevision varied widely but were not above 60 cents. In other words, the whole dispute was about a relatively nominal $18 million to $19 million a year...
...just for one network in one market. Similar negotiations are likely to take place in major TV markets across the country. Moonves, one of the most enthusiastic proponents of getting cable companies to pay up, has said that by 2012, he expects CBS-owned stations to garner between $200 million and $250 million in retransmission fees from the cable giants and others. Analysts at SNL Kagan estimate that such fees will bring in north of $900 million for networks this year, not insignificant, but a fraction of the $28 billion expected to be brought in by cable networks. Nevertheless, providers...