<i>However, broadcast channels do make money through re-transmission rights that they sell to cable and satellite carriers.</i> Hmm, but I think it's the local

<i>However, broadcast channels do make money through re-transmission rights that they sell to cable and satellite carriers.</i> Hmm, but I think it's the local stations that make money on retransmission fees, not the networks. Though this is complicated by the fact that local stations are in some markets (though by no means all of them) owned by the networks.