Deficit financing is an arrangement in which the network pays the studio that makes a show a license fee in exchange for the right to air the program. However, the period remains largely unclaimed by the networks due to the success of syndicated programs such as Entertainment Tonight and Wheel of Fortune.īefore the fin-syn rules, the networks attained greater control and less risk by forcing production companies to deficit finance their programs while also demanding a percentage of the syndication revenues. This rule was eliminated on August 30, 1996. Television DistributionĬlosely related to fin-syn, the Prime Time Access Rule sought to strengthen local and independent producers by preventing affiliates from airing network programming during much of the early evening hours.
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