D-Bone
Apr 17th '06, 09:46 AM
NEW YORK (Reuters) - News Corp.'s Fox network has signed a six-year agreement with its 187 affiliated stations that will let it show reruns of its television programs on the Internet, the Wall Street Journal reported on its Web site on Thursday.
The revenue-sharing agreement allows Fox to make 60 percent of its prime-time schedule available online the morning after the shows air, the Journal reported.
The formula is complex, but stations essentially will get a 12.5 percent cut after costs, the paper also reported.
A News Corp. spokesman was not immediately available for comment.
Fox is the home of hit programs such as "American Idol" and "The Simpsons," and is the latest television network to take a shot at making its programming available online as more people turn to the Internet for entertainment.
Walt Disney Co.'s ABC television network announcement earlier this week that it will offer some of its most popular shows, including "Desperate Housewives" and "Lost," for free on an advertising-supported Web service.
It also comes after CBS Corp. made the "March Madness" NCAA college basketball playoff games available online.
Source: http://abcnews.go.com/Business/wireStory?id=1841152
The revenue-sharing agreement allows Fox to make 60 percent of its prime-time schedule available online the morning after the shows air, the Journal reported.
The formula is complex, but stations essentially will get a 12.5 percent cut after costs, the paper also reported.
A News Corp. spokesman was not immediately available for comment.
Fox is the home of hit programs such as "American Idol" and "The Simpsons," and is the latest television network to take a shot at making its programming available online as more people turn to the Internet for entertainment.
Walt Disney Co.'s ABC television network announcement earlier this week that it will offer some of its most popular shows, including "Desperate Housewives" and "Lost," for free on an advertising-supported Web service.
It also comes after CBS Corp. made the "March Madness" NCAA college basketball playoff games available online.
Source: http://abcnews.go.com/Business/wireStory?id=1841152