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Guest Message by DevFuse

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HBO, ABC Ink Multiyear Production Deal

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#1 OFFLINE   John Corn

John Corn

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Joined: Mar 21, 2002

Posted 06 August 2002 - 11:36 AM

In a surprise move, Home Box Office will team up with broadcast network ABC to create broadcast-targeted programming as part of a two-year deal between the two parties.

Under the deal, HBO Independent Productions -- which has developed such shows as Everybody Loves Raymond, Roc and Martin for broadcast-TV distribution -- will provide ABC with a first look at all of its new projects, according to representatives from both parties.

ABC will provide 'deficit financing' for all HIP projects through 2004, whether it airs them or not. In return, ABC will own all copyrights to the shows, according to the deal.

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