Raycom has decided to outsource the monitoring and management of its retransmission consent revenue stream.
It has has tapped Cable Audit Associates (CAA) to handle the accounting and administration, which includes maintaining the database of subs on which the per-sub fees are based and collecting the payments from multichannel distributors.
Raycom owns 46 TV stations in 36 markets. Cable Audit Associates now has something north of 215 TV station clients as well as managing $10 billion license fees for more than 275 cable programmers (it does not advertise the retrans take it manages).
Nexstar is another major TV station group client of CAA with . Raycom and Nexstar together now comprise about half of the stations in the CAA stable.