SEVEN NETWORK TV SIGNS NEW DEAL FOR AUSTRALIAN CONTENT WITH NBC UNIVERSAL AND GRANADA
December 13th 2007 01:31
Australia’s Seven Network television has signed new five-year deal with program providers NBC Universal and Granada.
The Australian Financial Review reported that this is part of its push to lock in content for its main channel, its new HD channel, and an additional standard-definition channel it will launch in 2009.
The deal with NBC Universal will cost Seven an estimated $55 million annually, while the Granada deal is thought o be worth about 10 million big ones per year.
Previously NBC Universal sold its TV programs and movies to both the Seven and Ten Networks in Australia for about $25 million a year.
Seven outbid Ten for the new contract.
- From MediaBlab
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