VMVPDs

In testimony at a House Subcommittee, LeGeyt will urge action by Congress and the FCC on ownership rules, diversity, vMVPD negotiations and NextGen TV rollouts

The group backed by major entertainment companies, broadcast networks and streamers said the effort would “damage the streaming landscape by increasing consumer costs”

But subscriber counts were up 23% YoY, losses were down and the vMVPD raised its guidance for 2023

Networks respond to "Coalition for Local News" by forming their own coalition

Closing the "streaming loophole" is one of the group's initial priorities

Cantwell has sent a letter to the FCC asking it to consider treating vMVPD streaming platforms like YouTube TV as traditional pay TV operators

Bloodletting extended to virtual MVPDs as well

Deal covers 122 local television stations, including MyNetworkTV Affiliates and four independent stations

Broadcasters want more FCC oversight on vMVPDs

The vMVPD has seen 40% growth in the last year