Hearst Television: Last News

Jennifer Maas TV Business Writer Nexstar is still dark on internet streamer FuboTV on Tuesday, the TV station group giant’s president and chief operating officer explained why. “We are in a dispute with CBS right now over the Fubo situation,” Tom Carter said during a Morgan Stanley-hosted investor conference. “But keep in mind that virtual MVPDs contribute less than 10% of our distribution revenue and our distribution revenue is about half of our total revenue and Fubo is the smallest vMVPD we deal with. So we’re talking about a relatively minor amount of money, quite honestly, to both us and CBS. So it’s kind of easy to pick Fubo as a fight to have.” Nexstar executive vice president and chief financial officer Lee Ann Gliha noted: “We view this as a CBS-only issues and it’s just driven by the specific issues that surround the CBS situation.”

Ted Johnson Soledad O’Brien will host a one-hour special for Hearst Television premiering on Friday that takes a look at the response to the early outbreak of COVID-19 in the United States.The special, Outbreak: The First Response, will have exclusive access to the Seattle and King County public health director. It will look at how they treated the early days of the pandemic, and how they tracked and isolated those who became ill.