Cashing in on new opportunities. (Multiplatform).A new business model is emerging for syndicated players in the U.S. TV market. Recent success stories such as Slamball on TNN TNN The National Network (formerly The Nashville Network) TNN The Nashville Network (now The National Network) TNN The Nerd Network (online gaming clan) and Spend It Fast on women-targeted WE-TV network have proven that there's lucrative life beyond traditional syndication by embracing multiplatform opportunities, a model that is quickly becoming a business necessity. One company taking advantage of the changing marketplace is Telepictures. Jim Paratore, Telepictures' president, said, "By applying our shows to their best possible outlet, we can develop ideas that could turn into something for primetime, cable and home video, as well as syndication. This way, no matter which way the business goes, we are going to have a future in it." Sean Perry, head of alternative programming for Endeavor, added, "There are no more rules out there in this new economic model." Also jumping on the multiplatform bandwagon are Sony and Twentieth Television. Sony Pictures Television Sony Pictures Television, Inc. (SPT) is an American television production and distribution company. It is a subsidiary of Sony Pictures Entertainment. In turn, the latter is part of the Japanese conglomerate Sony. has merged its network, cable and syndication departments, while Twentieth Television was recently overhauled in order to focus on developing programming for both syndication and cable. Such developments are the result of the changing marketplace as well as economic concerns that are forcing companies to be more efficient. "We have embraced the idea of developing for multiple platforms Refers to two or more operating environments, which typically include the CPU family and operating system. For example, if versions of a program run on Windows and the Macintosh, the software is said to support multiple platforms. for a long time," said Russ Krasnoff, president, programming and production, Sony Pictures Television. "Our syndication division began developing for cable five years ago. Now, rather than dividing our efforts, we look at our series in development and decide which channel of distribution each project is best suited for: network, cable or syndication." Sony opted to takes its new, much-anticipated series, The Worst-Case Scenario worst-case scenario n → Schlimmstfallszenario nt Survival Handbook, to the TBS Superstation instead of a broadcast day-part. "We had multiple offers from broadcast and cable networks for the series, due to the broad-based popularity of the book [on which the show is based]," said Krasnoff. "TBS Superstation ultimately stood out as the best fit, in part due to the superb job they have done scheduling, marketing and branding Ripley's Believe It or Not!," another Sony show. And it's not just syndicated programming going multiplatform. Distributors of primetime shows are also adopting the strategy, as evidenced by the recent deal between Fox and MTV MTV in full Music Television U.S. cable television network, established in 1980 to present videos of musicians and singers performing new rock music. MTV won a wide following among rock-music fans worldwide and greatly affected the popular-music business. that lets the cable net air a second run of Fox's Fastlane. However, what is good for syndicators may not always be good for local network affiliates, who now not only face aggressive competition from cable networks for syndicated programming, both first-run and off-net, but are still stewing over broadcasters' growing reliance on multiplat-form repurposing. Although the strategy is a financial boon for studios and broadcast networks and a source of much-needed programming for cable, affiliates feel they will ultimately bear the real cost. Kevin O'Brien Notable people named Kevin O'Brien include:
"You can dress this doll up any way you want, but the fact of the matter is that the reason for repurposing has nothing to do with some philanthropic desire to give viewers a choice. It's strictly a way to spread the costs across a number of different platforms." "The real impact would potentially come in the sitcom arena," added Katz Television Group's Bill Carroll. "If we start immediately repurposing upper-end, blue-chip sitcoms and they have concurrent plays, then that could impact what their value is down the road." Others see it as a strictly win-win situation and dismiss the concerns as a Chicken Little knee-jerk reaction. Steve Rosenberg, president of Universal Domestic Television, believes airing shows on more than one platform simply increases its intrinsic value Intrinsic Value 1. The value of a company or an asset based on an underlying perception of the value. 2. For call options, this is the difference between the underlying stock's price and the strike price. by giving content "the opportunity to be viewed by other people who wouldn't otherwise watch it." That in turn raises the program's profile so that "when it goes into its next cycle, it's worth more because it's got a bigger audience to follow it." Despite the controversy, strategic use of multiplatforms to amortize cost and amass cumulative audience figures appears here to stay. This season, Disney is repurposing the comedies 8 Simple Rules for Dating My Teenage Daughter and Less Than Perfect on its ABC Family TNT in full trinitrotoluene Pale yellow, solid organic compound made by adding nitrate (−NO2) groups to toluene. . NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. , which has enjoyed tremendous success running first-run episodes of Dick Wolf's Law & Order: Special Victims Unit and Criminal Intent on USA, is also trying to follow AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. Time Warner and Disney's lead in acquiring Bravo and turning it into what is essentially a repurposing cable channel. For better or worse, multiplatform strategies are now key to not only success, but survival. "The basic business model isn't making sense any more, said Arthur Schreibman, executive vice president for Initiative Media, located in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . "Ratings are down, revenue is down, and the cost of production is going up. But the need to have quality programming on the air hasn't changed." Former Paxson CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Jeff Sagansky agrees. "This is really critical to the health of both the studios and the networks if they're going to be able to produce high-quality programming that is not all news and reality." Somewhat unexpectedly, repurposing is proving to be a two-way street. During the current TV season, NBC began airing Forensic Files Forensic Files is a documentary style show which reveals how forensics and science are used to solve violent crimes, mysterious accidents, and even outbreaks of illness. , the syndicated reality series that airs on Court TV, and ABC ABC in full American Broadcasting Co. Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928. enjoyed surprising success rebroadcasting the USA Network's drama Monk. In the end, it's all about the bottom line. NBC Entertainment president Jeff Zucker Jeffrey Zucker (born April 9, 1965) is an American television executive, and President & CEO of NBC Universal. He is a 5-time Emmy Award winner known for his aggressive promotion of his network's programs. said some of the niche programming being developed for cable "is very excellent programming. So we look at them as possible suppliers, and, in this day and age, you can't close yourself off to any suppliers." |
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