Television

Fox signs four to six season deal of 'American Idol'

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2016/04/26/Fox_0.jpg?itok=x932UhNK

MUMBAI: Fox, 19 Entertainment and record label Sony BMG have reached an agreement that will guarantee at least four, and as many as six, more seasons of the music based reality show American Idol.

American Idol 5 will commence airing in January 2006. In India the local version of the show Indian Idol is in its second season on Sony.

Reportedly, the deal was possible because Simon Fuller who created American Idol and the show's host Simon Cowell were able to settle their differences. In the UK, Cowell produced a show X Factor that Fuller argued was a clone of American Idol. The two of them now say that they are friends and in fact the dispute helped strengthen their relationship.

As part of the deal, Fox announced that it had reached an agreement with Cowell that will keep the acerbic judge on the show for at least five more seasons.

According to a Securities and Exchange Commission (SEC) filing by CKX - the American Idol renewal calls for Fox to pay 19 Entertainment and Fremantle an additional $18 million (on top of the show's regular seven-figure-per-episode license fee) for the roughly 40 episodes of next year's season. In 2007, the premium Fox will pay climbs to $21.5 million. This rises to $35.5 million for the 2011 season should the show run that long.

.CKX had acquired 19 Entertainment and its rights to American Idol earlier this year. It is hoping to capitalise on the increase in the demand for globally recognised entertainment properties such as American Idol, resulting from advances in personalised distribution methods that allow consumers to exert greater control over the timing and method of content consumption.

CKX believes that the best evidence of this trend are the new agreements with Fox and Sony BMG and CKX's increased share of the revenue produced by American Idol. CXK chairman and CEO Robert F.X. Sillerman said, "We believe that the significant increase in our economic share from American Idol under these new agreements, and the unlimited potential offered by partnering with Fox on internet rights and wireless platforms shows the increasing value of content in a world of newly developing and more personalised methods of entertainment distribution.

"These deals substantiate everything we believed when we chose to focus on acquiring premier content and partnering with its creators. With this important step behind us, we can now accelerate our plans for additional growth from our existing properties and through additional partnerships and acquisitions."

Fuller who besides creating American Idol is also 19 Entertainment CEO said "We are extremely excited that Fox has recognised the phenomenon of American Idol by providing the unprecedented guarantee of at least four and up to six more seasons of the show.

"We look forward to working with Fox and our partners at Fremantle to build upon the success of the show and expand the American Idol content and brand into the evolving worlds of internet and mobile content distribution. Simon Cowell has been a key component in the incredible success of American Idol and I am delighted to have reached an agreemen that will see this relationship continue and grow over future years."

19 Entertainment has confirmed other elements of the deal. They include -

-- The increased license fee per season from Fox is reflective of the previously announced increases in ad rates for the coming season. Additionally, 19 Entertainment will receive an annual payment tied to its recording agreement with Sony BMG.

-- In addition to guaranteeing at least four more seasons, the agreement provides for an automatic renewal for up to two additional seasons upon the show achieving certain readily obtainable minimum ratings in the fourth and potential fifth years of the deal.

-- Commencing with American Idol 5, Fox will at its own expense, build and host www.americanidol.com. This is expected to become the show's official website. 19 Entertainment, FremantleMedia and Fox will work together to develop content for the website, and will share the revenue generated under an agreed upon formula. 19 Entertainment and FremantleMedia, however, retain the right to develop and offer premium services on the site.

-- 19 Entertainment and FremantleMedia have granted to Fox certain wireless telephony rights, including show-related or inspired ringtones, realtones and video footage. The parties will share the revenue generated from exploitation of these rights under an agreed upon formula.

-- Fox has agreed to pick-up at least two original shows produced jointly by 19 Entertainment and FremantleMedia over the next five years. This is in addition to Fox's recent decision to renew 19 Entertainment's show So You Think You Can Dance?.

-- 19 Entertainment and FremantleMedia will produce certain agreed upon shoulder programming to be broadcast on the Fox Reality Channel and the TV Guide channel.

-- Sony BMG will continue as the designated record label for the winning American Idol contestants. 19 Entertainment will receive from Sony BMG a larger percentage of the revenue from the sales of recorded music from future American Idol artists.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/04/25/Republic-Story%20%281%29.jpg?itok=fyc-97vb
Republic TV buzzing with pre-launch teasers featuring 'soft' targets, issues

Can the cocktail circuit media and Maoist sympathisers please stand up and name themselves?: Arnab Asks”. The latest tweet from Republic stated. With Arnab Goswami and his new project Republic TV, it cannot be the normal. Rather, true to his style, honed to a level of art, hype is the new normal...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/04/25/star%20vijay_1.jpg?itok=PGjaF3C0
Star Vijay ropes in slew of sponsors for weekend shows, launches new family drama

BENGALURU: Star India’s Tamil GEC Star Vijay had recently launched a couple of weekend shows – a chat show – Anbudan DD with Dhivyadharshini or DD of the Tamil chat show Koffee with DD fame and a Tamil reality stand-up comedy show - Kings of Comedy Juniors. The former airs on Saturday’s at 6pm...

Television TV Channels Regional
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/04/24/star%20india%20%26%20hotstar.jpg?itok=Kyso1Ypu
21st Century Fox outlook on Star bullish despite $30m DeMon hit

MUMBAI: Though India’s currency demonetisation late last year with ripple effects of currency shortage spilling over in 2017 hit businesses all round, including the likes of Star, its parent 21 Century Fox has pinned high hopes on the OTT platform Hotstar and the overall ability of Star to...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/04/24/mix%20%281%29.jpg?itok=RadP7NjK
Sony Mix's 'Media Ke Surtaj' season 2 ends amid fanfare

The Grand Finale of the second season of ‘Media Ke Surtaj’ was held on Friday at Bungalow 9 in Mumbai. Organized by SPN’s music cluster channels, Sony MIX and Sony Rox HD and hosted by RJ Salil.

Television TV Channels Music and Youth
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/04/24/cnn%20%281%29.jpg?itok=fKi-fUKD
CNN-News18 revamp part two: 'India 360' & 'The Crux' launched

With an aim to provide differentiated content to viewers, CNN-News18 recently initiated a revamp of its primetime with the launch of new shows - Face-Off At 9 at 9 PM and Viewpoint at 10 PM. Continuing with this process, the channel will unveil two more shows starting tonight at 8 PM with India...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/04/24/cr%20%281%29.jpg?itok=63uALTqU
'Cristiano Ronaldo' & 'Sleeping Giant' to be premiered on Discovery

MUMBAI: Discovery is set to excite the audience in India by bringing the amazing stories of footballing legends to viewer’s screens across India. Cristiano Ronaldo - The world at his feet and Sleeping Giant – An Indian football story are the two movies Discovery will premiere under its recently...

Television TV Channels Factual & Documentary
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/04/24/brai%20%281%29.jpg?itok=Z-gKCljn
Tata Comm building global cloud-based media platform for VICE Media

MUMBAI: Tata Communications is building a global cloud-based media platform for VICE Media to enable the company’s producers and editors around the world to collaborate as if they were together in the same location. This represents a major shift in how VICE Media’s 5,000 employees work together....

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/04/24/GRB.jpg?itok=8aaGUN1Y
GRB brings Disney docu to UK & Japan, slate of docus to Germany

MUMBAI: GRB Entertainment has announced the sale of several of its top-selling docs to broadcasters in the UK, Germany, and Japan.

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/04/24/Ekta%20Kapoor.jpg?itok=6xz7ukkM
Balaji seeks shareholder nod for consolidation of prod biz

BENGALURU: In September last year, the Balaji Telefilms Limited (BTL) board had approved the demerger of the film production business of Balaji Motion Pictures Limited (BMPL) and merger of Bolt Media Limited (Bolt) with the company. Both the companies are wholly owned subsidiaries of BTL. With...

Television TV Channels GECs

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories