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Optimum Blasts TEGNA's Outrageous 30% - 50% Price Hike Demand
Businesswire· 2025-12-17 08:02
LONG ISLAND CITY, N.Y.--(BUSINESS WIRE)--Optimum (NYSE: OPTU) today forcefully rejects excessive and unjustified demands from TEGNA, the broadcast provider behind certain local ABC, CBS, FOX, and NBC-affiliated stations and the CW. TEGNA is pursuing egregious fee increases that are divorced from market reality, including a massive 30% hike for major network affiliates and a colossal 50% increase for the CW. Rate Hikes Disconnected from Reality TEGNA is attempting to drive up costs on two fronts. ...