Hawaii Five-0 - 2nd Season Pickup to be Announced Wednesday & News that the the Show Will Be CBS' Next Billion Dollar Franchise
15 May 2011
Hawaii 5-0I thought I'll post this because have been asking this for the past week. Here's the rundown.
From 50undercover.com
…on Wednesday May 18th, according to an official CBS source. At worst, we’ll hear a one year extension, at best an eleven year contract to rival the original twelve year run of the original series (just kidding, Scott). The news of TNT buying the syndication rights surely will factor into CBS’ decision on any new contract.
Million Dollar Franchise News:
“Hawaii Five-0,” the CBS crime-fighting drama that has consistently won its Monday night time slot in its inaugural season, was hailed today by the network’s chief executive as CBS’ next billion-dollar franchise.
“This is only ‘Hawaii Five-0′s first year and it’s already on its way to being another billion-dollars franchise for us, joining ‘NCIS’ and ‘CSI,’ which both remain strong on our network as well,” Leslie Moonves, CBS’ CEO and president,” said on a conference call following the release of the company’s earnings.
Moonves also said that the international and domestic syndication commitments for “Hawaii Five-0″ are now nearly $5 million per episode, “meaning that it is already extremely profitable.”
Last month, CBS sold “Hawaii Five-0″ to TNT at “very attractive rates,” according to Moonves. The Hollywood Reporter reported that the price tag was in the low-to-mid $2 million range.
CBS said it earned $202 million in the first three months of the year by cutting its costs for sporting events.
Although revenue dipped, CBS was able to save money by sharing coverage of the NCAA college basketball tournament with cable TV networks. It also didn’t have to pay to broadcast the Super Bowl, which was shown on Fox this year. CBS didn’t say how much it saved.
Net income in the first quarter came out to 29 cents per share, compared with a loss of $26 million, or 4 cents a share, a year ago. Last year’s income was 5 cents a share after excluding special items.
CBS said the results were helped by advertising revenue growth, after excluding the absence of the Super Bowl from its programming this year. The combined effect of not carrying the Super Bowl and shifting some of the NCAA basketball tournament games to Time Warner Inc.’s Turner Broadcasting trimmed about $350 million off of revenue.
Still, revenue fell less than 1 percent to $3.51 billion.
The New York-based company also doubled its quarterly dividend to 10 cents per share. The dividend is payable on July 1 to shareholders of record as of June 10.
Later this month, CBS will meet major advertisers in New York to sell its upcoming fall line-up. Moonves said he expects “double digit” percentage increases in ad prices from a year ago.
Source: The Star Advertiser
Oh, I don't you'll milk it for all it's worth.
ReplyDeleteIt's a hit show on CBS, after all.
Yeah, just think of that $22 million you save by not paying a ridiculous $1 million a year to have someone star on 2 1/2 Men. Oh, wait...
ReplyDeleteTrust me nothing would happen to the main cast members. They love it in Hawaii they don't want to leave. Scott admitted in an interview this week how much he loves it saying that Hawaii has the better surf than they do in L.A.
ReplyDeleteCSI franchise has 3 shows (several books, games, etc.,) and NCIS has 2 shows... how can five-o generate the same kind of revenue as those franchises?
ReplyDeleteNow all they have to do is avoid the spankings that castle has given H5-0 over the last few weeks.
ReplyDeleteCSI started with one series. NCIS started with one less popular series spinning off.
ReplyDeleteCBS knows how to turn above marginally successful shows into a franchises.
as a long time fan of dear Alex O'loughlin I really appreciate his effort to intertain us and due to that we support you all the way through failure as well as success.you are so talented and deliver so many characters and we see that for a long time, it's like we are growing with you. i really hope to see you for a long time and wish you luck in everything!
ReplyDeleteyeah, that is part of what i was trying to say, in the case of CSI and NCIS, there was room for spin-off... But five-o doesn't not have any room for spin-offs...
ReplyDeletehaha... yeah.. :)
ReplyDeleteYes! We pretty much knew it was going to be renewed anyway, but still. I love this show so freaking much.
ReplyDeleteIt seems to me that a lot of people have forgotten that NCIS itself was a spin-off from JAG, so surely the francise is JAG, not NCIS.
ReplyDeleteoh, yeah. thats right...
ReplyDelete"at best an eleven year contract to rival the original twelve year run of the original series (just kidding, Scott)"
ReplyDeleteLOL, I love this.
A lot that has to do with the lead in to Castle too.
ReplyDeletePerhaps CBS should offer Charlie Sheen his job back?
ReplyDeleteWhich won't stop someone from trying. The trick is having it be a GOOD spin off.
ReplyDelete