Airport Network Programming Service
Agreement Amendment
Jason Berg, Property Manager
Aviation Commercial Management
Geoffrey Foster, Interim Senior Manager
Aviation Commercial Management
Item No.: _8b_supp_
Date of Meeting: 10/24/2023
Agenda
• Background & Current
Programming
• Current Agreement
• Proposed Amendment
2
Terminal Content Background
• Jan 2019 – CNN Airport Network/Port new 5-
year agreement for content services at SEA
• Mar 2021 – ReachTV assumes agreement as
CNN Airport Network leaves market
• ReachTV is a Minority-owned Business
Enterprise (MBE)
– Subcontracts with local telecommunications
Disadvantaged Business Enterprises (DBE) and
Airport Concessionaire Disadvantaged Business
Enterprise (ACDBE) to manage on-site daily
operations
3
Current Programming
ReachTV Current Programming
• 33 TV display screens in
designated gate areas, providing
24/7 programming
• National & Business news, Sports
(local, regional & national),
Entertainment, etc.
Port “Local Spots”
• Six, one-minute segments per
available hour
4
Current Agreement
• Initial Term with renewal options
– 3 years initial term, effective from January 1, 2019
– 2-year automatic renewal upon expiration of initial term
• Expiration
– December 31, 2023 with no holdover provision
• Revenue provided via Minimum Annual Guarantee &
advertising revenues
– Revenue in 2022: $194,111
– Revenue estimated in 2023: $152,192
5
Proposed Amendment
• Proposed Amendment
– Adds three, 6-month extension periods with Port’s consent, which:
• Enables continued television programming in airport terminal beyond current
lease expiration
• Maintains current revenue stream for Port
• Minimum Annual Guarantee would remain at current level
• Staff will continue to develop future state of terminal content
services program
6
Thank You for Your Time!
7
