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News Corp. COO: Fox news seeks higher fees.(FOR THE RECORD: 38TH ANNUAL UBS GLOBAL MEDIA AND COMMUNICATIONS CONFERENCE)(Brief article)
New York--News Corp. is looking to increase subscriber fees for Fox News Channel in a new round of negotiations with distributors.
Chase Carey, chief operating officer of News Corp., said Fox News receives only a small fraction of the monthly per-subscriber license fees that ESPN gets.
"That channel in the cable world is right there with ESPN as important a channel as exists out there," he said.
ESPN is the highest-priced national cable channel at more than $4 per subscriber per month. After its launch deals began expiring in 2006, Fox News Channel, now the longtime top-rated player in the cable news arena, was able to increase its fee to between 75 cents …
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