Belo Corp.'s In "Negotiations" With ABC, Which Wants More of Affiliates' Revenues
And ABC wants a bigger cut for letting WFAA and other Belo-owned affiliates carry its programming -- not all of it, Shive said, but more than it's currently getting. Because, look, that's big money out there for the taking -- and, some analysts say, the pile's only getting bigger, and what better way to offset ad-revenue losses than by snatching easy money off the top. Said Shive, according to the transcript on Seeking Alpha, "You can call it several different things, but I think it's really a mechanism for having the ability [to] share in the cost of programming. ... It's a negotiation, it's a discussion, and we expect to complete our agreements in a way that is manageable for the company and continue the good relationships that we have." One suggestion: Just take it out of Hansen's salary. He'll never miss it.