said by FFH:It's only in mediation that something in between is picked. An arbitrator chooses one of two proposals (one from each side) and one side wins completely. The only splitting the difference in arbitration occurs in the proposals because the arbitrator is supposed to choose the more reasonable (doesn't always happen) of the two proposals.
Kerry's bill will result in the disputes going to binding arbitration most of the time. And that type of arbitration inevitably leads to splitting the difference. For example Cablevision would demand no increase at all. Fox would demand a large increase in fees. And the arbitrator would almost always pick something in between.