A significant risk overhang for TV broadcast companies has been removed as a result of the U.S. Supreme Court’s landmark decision that Aereo violated broadcaster copyrights, according to Fitch Ratings. This is especially true for broadcast affiliates whose stable, high-growth and high- margin retransmission revenues have become an important and valuable source of revenues.
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A significant risk overhang for TV broadcast companies has been removed as a result of the U.S. Supreme Court’s landmark decision that Aereo violated broadcaster copyrights, according to Fitch Ratings. This is especially true for broadcast affiliates whose stable, high-growth and high- margin retransmission revenues have become an important and valuable source of revenues.
