BBC, Discovery sign 'deal of the decade'

The BBC, BBC Worldwide and Discovery Communications have announced that an agreement on "the deal of the decade" has been reached. This is a ten-year extension to the global partnership which originally commenced in July 1997 and was signed in March 1998. The partnership was to conclude at the end of the year.

An official release informs that the new agreement extends the deal to 2012. The BBC/DCI relationship claims to be unique in terms of scale and longevity within world broadcasting.

When the original agreement was signed the parties anticipated only a five year renewal. The alliance between the broadcasters had been formed to develop television channels and factual programming for the global marketplace, the release states.

The joint venture has three main elements: the co-production of high quality factual programming; the development of jointly-owned television channels around the world, and developing and distributing BBC America. It claims distribution in more than 26 million homes.

The BBC Sales Company licenses, co-produces and distributes factual programming in the United States and Canada on behalf of the BBC and DCI the release states. The BBC/DCI joint venture further monetises these award-winning programmes, through publishing and merchandising, creating multi-million dollar properties that allow for greater investment in high quality programming.

Speaking on this DG BBC Greg Dyke said: "When this partnership was formed, the BBC aimed to be part of the greatest creative force in factual broadcasting globally. Our alliance with DCI means that outstanding programmes such as The Blue Planet and Walking With Dinosaurs have been shared and enjoyed by individuals, families and communities in countries right around the world. This is a powerful service we will continue to build over the next ten years."

Chief executive, BBC Worldwide, Rupert Gavin said: "The partnership with Discovery is a clear indication of how a global partnership such as this builds value and allows for significant re-investment in programming, to the benefit of the UK licence payer."

President and COO DCI Judith A. McHale said: "Strategic partnerships like the BBC/DCI joint venture are a central element of Discovery's growth strategy in the years to come. The complementary expertise of the two organisations allows for cost sharing, creative balance and increased distribution, which gives Discovery a significant competitive advantage in the domestic and international marketplace."

Latest Reads
BIG Magic acquires 'Boonie Bears' exclusive FTA rights

BIG Magic has acquired exclusive FTA rights of ‘Boonie Bears’, the No.1 and most popular animated series in China. BIG Magic has renamed it ‘Babloo Dabloo’ for the Hindi viewing audience. Babloo Dabloo airs every Monday – Sunday 10 am – 11 am & 5 pm – 6 pm only on BIG Magic

Television TV Channels GECs
PBL: Setting stage for next big thing on Indian sporting landscape

India has witnessed the emergence of a multi-sports culture over the past few years. This significant development has come on the back of a promising display by Indian sportspersons across various disciplines, the meteoric rise of home grown leagues and the consequent widening of the fan base of...

Television TV Channels Sports
CNNMoney new section will be about the fastest growing economy; MoneyStream app launched

MUMBAI: Attracting 1.8 million average monthly page views, witnessing a 37 per cent growth in video consumption and 16 per cent in unique browsers month-on-month from India in less than a year’s time is not smooth. In its ambitious plan of global expansion, CNN Digital is leaving no stone unturned...

Television TV Channels News Broadcasting
Content a 'Game of Thrones'; AT&T's control over HBO, Cartoon Network, Warner Bros faces regulatory lens

The global media landscape is resulting in a new juggernaut as an internet and cable behemoth yesterday purchased an entertainment conglomerate making the former unmatched in its size and reach to consumers through home broadband, smartphones, satellite television and a battery of movies and cable...

Television TV Channels English Entertainment
US$ 4.5 bn expected from IPL rights; SC recommends accounts scrutiny

The Supreme Court on Friday froze all financial transactions between the BCCI and state cricket associations by directing the apex body not to disburse any funds till it resolves to abide by the Justice RM Lodha panel recommendations on reforms by 3 December . The top court ordered that none of...

Television TV Channels Sports
TVS Tyres is co-presenter for Asian Champions Trophy 2016

Continuing its strong connect with sports, TVS Tyres has associated with Asian Champions Trophy 2016 by becoming the co-presenter. The Asian Champions Trophy is one of the premier hockey tournaments, a much sought after annual international competition promising some great hockey action. This...

Television TV Channels Sports
Q2-17: Zee Learn declares maiden interim dividend

The board of directors of the Essel group’s education company Zee Learn Limited (ZLL) have declared a first time ever dividend of 5 percent per equity share of Re 1 each for the quarter ended 30 September 2016 (Q2-17, current quarter).

Television TV Channels Factual & Documentary
Whether BARC action can stop unethical practices?

MUMBAI: Can businesses and industries practise their art of selling fairly although they have 'Fair Practices' training during academic courses, workshops and several ISO and other certifications? There seems to be the fear of the lawman, and not the law in India. If the traffic cop is watching,...

Television TV Channels Viewership
TV Superhighway: beIN, Yaddo, AfricaXP have joined us, says Magine CEO Ambuj Goyal

CANNES; Magine has secured partnerships with four of the industry’s most exciting sports, documentary and entertainment content providers. Partnerships with beIN, the international media group and owner of MIRAMAX; Yaddo, the new documentary streaming service headed up by former head of The BBC’s...

Television TV Channels Factual & Documentary

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories