@ UBS Media Week: News Corp’s Carey: Olympic Bid Would Have To Be ‘Prudent’

Chase Carey, COO of News Corp

We tend to focus a lot on News Corp.’s desire to get paid for its online content but the “pay plus ads” refrain is being sung elsewhere in the company, too. News Corp (NYSE: NWS) wants a dual revenue stream for Fox, too — aka retransmission fees. Or, as News COO Chase Carey told investors and analysts at UBS: “We need to create a business model behind it that recognizes that reality and let’s us get fairly rewarded. … We’re not going to negotiate rates in public, but we believe we put on very valuable programming.”

Carey mentioned the once-hot notion that retrans could be used to leverage access for new cable nets: “In the ’90s, that had more logic to it. (Now) it just isn

Comments have been disabled for this post