Wednesday, July 2, 2014

Weinstein Company Buys Graham Norton Show, Selling It's TV Division

Not too long ago, Harvey Weinstein was shouting praise towards the ever-changing television industry and decided he wanted his company to become more intrinsically involved with the growing medium. Seven months later, according to the New York Times, he's changed his mind.

TWC is exploring spinning off it's television division into a public company or selling the company to a strategic partner who would own the company but keep Weinstein involved.
People who were briefed on the plan, who spoke on the condition of anonymity because it was still being developed, said Mr. Weinstein was seeking cash to finance a major expansion that could include one or more new television channels.
What an interesting development. I wonder how TWC would have the ability to start a new television network featuring their content when they just signed a new pay TV window agreement with Netflix which begins in 2016. Maybe Netflix isn't considered real television under the terms of their deal? There's also this little tidbit from Variety about the current television rightsholder of TWC movies:
Showtime said it will continue to carry The Weinstein Co.’s films “well into 2018.” Premium cabler has exclusive output deal with TWC for movies released in theaters through 2015, which means studio’s films will premiere in their premium window on Showtime and The Movie Channel (as well as multiplex channels) through 2017 and will air in their first windows on the networks into 2018.
Back to the NYT article:
At the same time, they said, Mr. Weinstein is considering selling the television unit to a digitally minded corporate giant like Yahoo, Amazon or Google, any of which might use its reach to bolster his company’s presence on the web and elsewhere. 
He is also said to believe that a digital buyer like Google or Amazon might become a partner in supporting his films. “Teaming with one of the giants could become a promotional tool for the movie side,” one person briefed on the proposition said. 
Amazon, Yahoo and Netflix are definitely top contenders for this type of partnership. Netflix already works with TWC as mentioned above while Yahoo has shown recently that it isn't bullish when it comes to spending money for television content. I'm not sure Google would be a viable player in this kind of partnership because they seem more focused on building and molding their own characters instead of relying on the establishment.

Amazon might be the favorite because they have an extensive business besides video which they could use to promote TWC's empire. They also have the most to gain since Prime is still considered second-class compared to Netflix by many observers. TWC's content together with the recent HBO deal they signed could be what it takes to get them over the hump.

Another intriguing portion of the story involved a BBC series:
Weinstein also is betting on dozens of development projects and a handful of foreign series. Recently, for instance, the company acquired North American rights to “The Graham Norton Show,” a BBC talk show, according to the people briefed on its plans.
The show currently airs on BBC America and is scheduled to air over the next two weeks on July 6th and July 12th. Because of BBC America's reach, Norton's show has had wider distribution across the United States than it's ITV rival, "The Jonathan Ross Show," which airs Saturday nights at 11pm on Cinemoi, a French movie channel which is only available on Verizon FiOS.

Norton could lose his reach depending on when and how TWC implements the rights they've acquired. If TWC sells it's television division and is able to begin it's own television network with the money it earns, the show could land there. The problem with that prospect is that it could become extremely difficult for the new network to gain carriage across major cable operators like Comcast (it might be smart for TWC to start a network with a cable operator as a minority owner to guarantee some sort of carriage).

It could also land on Ovation TV, which TWC owns 25% stake in, but that might be a problem for Norton's telecast as well because Ovation has had altercations with cable operators who are dissatisfied with their ratings and have threatened to drop the network. The other option? TWC may also keep the show running on BBC America.

Norton's American counterpart on NBC, Jimmy Fallon, hasn't faced the same ordeal because NBC keeps the show in it's empire through airings on CNBC Europe. There are no plans for NBC to sell the show to another company and there's no word as to why the BBC sold one of it's shows to another company.

1 comment:

otr said...

Otr 214427
Work from home theory is fast gaining popularity because of the freedom and flexibility that comes with it. Since one is not bound by fixed working hours, they can schedule their work at the time when they feel most productive and convenient to them. Women & Men benefit a lot from this concept of work since they can balance their home and work perfectly. People mostly find that in this situation, their productivity is higher and stress levels lower. Those who like isolation and a tranquil work environment also tend to prefer this way of working. Today, with the kind of communication networks available, millions of people worldwide are considering this option.

Women & Men who want to be independent but cannot afford to leave their responsibilities at home aside will benefit a lot from this concept of work. It makes it easier to maintain a healthy balance between home and work. The family doesn't get neglected and you can get your work done too. You can thus effectively juggle home responsibilities with your career. Working from home is definitely a viable option but it also needs a lot of hard work and discipline. You have to make a time schedule for yourself and stick to it. There will be a time frame of course for any job you take up and you have to fulfill that project within that time frame.

There are many things that can be done working from home. A few of them is listed below that will give you a general idea about the benefits of this concept.

This is the most common and highly preferred job that Women & Men like doing. Since in today's competitive world both the parents have to work they need a secure place to leave behind their children who will take care of them and parents can also relax without being worried all the time. In this job you don't require any degree or qualifications. You only have to know how to take care of children. Parents are happy to pay handsome salary and you can also earn a lot without putting too much of an effort.

For those who have a garden or an open space at your disposal and are also interested in gardening can go for this method of earning money. If given proper time and efforts nursery business can flourish very well and you will earn handsomely. But just as all jobs establishing it will be a bit difficult but the end results are outstanding.

Freelance can be in different wings. Either you can be a freelance reporter or a freelance photographer. You can also do designing or be in the advertising field doing project on your own. Being independent and working independently will depend on your field of work and the availability of its worth in the market. If you like doing jewellery designing you can do that at home totally independently. You can also work on freelancing as a marketing executive working from home. know more, email us on and we will send you information on how you can actually work as a marketing freelancer.

Internet related work
This is a very vast field and here sky is the limit. All you need is a computer and Internet facility. Whatever field you are into work at home is perfect match in the software field. You can match your time according to your convenience and complete whatever projects you get. To learn more about how to work from home, contact us today on workfromhome.otr214427@gmail.comand our team will get you started on some excellent work from home projects.

Diet food
Since now a days Women & Men are more conscious of the food that they eat hence they prefer to have homemade low cal food and if you can start supplying low cal food to various offices then it will be a very good source of income and not too much of efforts. You can hire a few ladies who will help you out and this can be a good business.

Thus think over this concept and go ahead. Otr 214427

Search Here!!

Blog Archive