Quote:
Originally Posted by Rendle
Al, there's been alot of talk about the number of episodes needed for syndication and how that 100 episode level is fairly important.
Last year in April before the first season was over TNT bought the syndication rights to Hawaii 5-0 and said they would start airing the show in 2014. Is this rare? Was it only because it's an obvious fit for CBS to keep on the air 5+ years?
Actually, you should check out that Community thread, lots of stuff written about this dynamic.
But ultimately, the number (I haven't run series level economics in a while, and the market has changed over the past couple years, but probably not so much that I'm very wrong) was more like 80 episodes projection - if it got produced to that level - that was enough for a TV station or Cable Network to "strip" the programming (run it M-F for X number of weeks).
However, the marketplace is changing, and each negotiation is completely dependent on the Cable Network, TV station, or other syndicator's (like Netflix's) needs. For example, Netflix will buy just 1 season of a series as they are just looking for more and more originall produced product.
So in the case of TNT for this Hawaii 5-0 deal:
From a TNT perspective: they are taking the risk that they won't get enough episodes of Hawaii 5-0 to properly "strip", but would still have at least a couple seasons of product to air. And likely, by getting the rights early in Hawaii 5-0's life, they paid a cheaper price than they would if it were a huge hit 4 years out.
From a CBS perspective: if anything, selling earlier (after Season 1) into syndication suggests they don't have a ton of faith it will be a huge hit down the road. The preferred way to sell any product of course is at peak market value - usually a hit show's ratings will rise for the first 3 years, and level down.
So to more broadly answer your question - if a Cable Network or TV station needs product to "strip", that 80 episode target is important. Otherwise, it's deal by deal.