MEDIA
03/18/2010 05:12 am ET Updated May 25, 2011

Jeff Bewkes: Broadcast Networks "May Not Survive"

He's far less sanguine about free TV--a dinosaur awaiting a meteor strike.

"The broadcast networks have fewer people watching, for shorter times of day, lower and declining ratings; they have reducing revenue from advertising, they have declining programming budgets and lower earnings, so they have fewer of the scripted shows than they used to have. So therefore their business model is becoming increasingly not viable. If you look at broadcast networks, which are the only ones in TV that have 'free' aspect, if they don't get some form of carriage fee, they may not survive."

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