gprime
April 15th '06, 01:36 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.
AOL is already making use of its subsidiary company's program library making such shows as Feddy's Nightmares, Wonder Woman, and Kung Fu. And ABC has free ad-supported re-runs too. CBS did March Madness online, and NBC has paid downloads. This just furthers the very positive trend that we're seeing in the digitizing of tv and its being made available online. Personally, I've not watched much of the above, though I do intend to watch some of AOL has to offer, and perhaps some of what Fox offers. But personally, what little online video I watch is from YouTube.
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.
AOL is already making use of its subsidiary company's program library making such shows as Feddy's Nightmares, Wonder Woman, and Kung Fu. And ABC has free ad-supported re-runs too. CBS did March Madness online, and NBC has paid downloads. This just furthers the very positive trend that we're seeing in the digitizing of tv and its being made available online. Personally, I've not watched much of the above, though I do intend to watch some of AOL has to offer, and perhaps some of what Fox offers. But personally, what little online video I watch is from YouTube.