Raycom Hooks Up With Cable Audit Associates

Raycom Media has selected Cable Audit Associates to provide financial management outsourcing services

August 3, 2010

1 Min Read

DENVER -- Raycom Media, Inc. has selected Cable Audit Associates, Inc. (CAA) to provide financial management outsourcing services in support of the station group’s retransmission consent agreements with cable, telco and DTH satellite operators. CAA will provide a suite of accounting and administrative services to Raycom Media which will include contract management, subscriber database setup and maintenance, remittance processing, revenue reconciliation, accounts receivables management and collections.

"The purpose of this Financial Services Agreement is to further improve upon our operational efficiencies related to the management of the retransmission revenue stream and to further enhance our strategic capabilities with regards to developing a greater knowledge base of the cable and satellite industries" said Paul McTear, President and CEO of Raycom Media. "We believe in the importance of partnering with a company such as CAA where we immediately benefit from their many years of experience in these industries.”

Cable Audit Associates Inc. (CAA)

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