Station syndication has lacked off-network sitcoms to choose from, because no big hits (like 'Seinfeld' or 'Friends') have developed recently
Monterey, CA (PRWEB) August 7, 2007
Economics of TV Programming & Syndication, a new study from SNL Kagan, shows big network hits such as "Lost," "Desperate Housewives," "CSI: Crime Scene Investigation" and "CSI: Miami" have delivered record licensing deals overseas. That success has not spread to lesser hits, however, spelling modest overall revenue growth for the entire industry.
SNL Kagan's research reveals that the TV programming business model has dramatically changed since the beginning of this decade. International markets are again seeking out U.S. programming after years of looking to local sources for their content. Over the next 10 years, international revenues from television series could increase at an annual rate of about 4.3%. New revenue streams have also evolved and matured, including DVD, Internet and digital media such as iTunes.
This latest SNL Kagan report explores how cable networks have become an important distribution outlet for producers of TV shows. Cable networks are increasingly ordering scripted and reality series, while paying big license fees for off-network one-hour series such as the "CSI" franchise. The downside has been station syndication.
"Station syndication has lacked off-network sitcoms to choose from, because no big hits (like 'Seinfeld' or 'Friends') have developed recently," says Deana Myers, senior analyst for SNL Kagan. "As a result, deal prices are not as high as they were five years ago, but on the flip side, we are seeing much higher prices on secondary cycles of 'Seinfeld' and 'Friends.'"
The 2007 edition of Economics of TV Programming & Syndication contains off-network license fee studies, worldwide TV projections and basic cable network projections. It also includes data and analysis on broadcast network prime-time license fees and broadcast network economics.
A wide range of content producers and distributors depend on this data to benchmark themselves against competitors. Equity analysts and investment bankers rely on the report for more granular company and industry data than is available in public filings. The study provides data on going rates for TV series on networks and in syndication.
SNL Kagan's Economics of TV Programming & Syndication is available exclusively as part of the SNL Kagan Information Service. For more information on the report and other media & communications data sets within the SNL Kagan Information Service, call 866-296-3743 or e-mail SNLKaganSales @ snl.com.
About SNL Kagan
SNL Kagan is the ultimate resource for complete financial intelligence on the broad and dynamic media & communications sector, including the broadcasting, cable, entertainment, motion picture, telecom, wireless, satellite, publishing and new media industries. The SNL Kagan suite of products integrates breaking news, comprehensive data and expert analysis into an electronic database available online and updated around the clock. SNL Kagan combines the 38-year heritage of Kagan Research with parent company SNL Financial's 20 years of experience in providing essential guidance to Wall Street and to America's top corporations. For more information visit http://www.snlkagan.com.
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