Wednesday, 4 January 2006

MAJOR HURDLE FOR TV-ON-DVD


Even as TV-on-DVD becomes a major force in the entertainment marketplace, studios find that licensing music for older programs is as pricey as obtaining tunes for new series. According to Reuters, the issue is forcing studios to make "radical changes."

... skyrocketing music-clearance fees are becoming major stumbling blocks for DVD reissues, often delaying or even completely derailing releases. Take "WKRP in Cincinnati," for example: The 1970s sitcom used so much classic rock that it would cost 20th Century Fox Home Entertainment a mint to clear the tracks. Fox has suggested that it still is considering releasing "WKRP," but others are not optimistic that the comedy and similar shows of its kind will ever make it into the market.

Reuters says TV-on-DVD business accounted last year for more than $2 billion in sales; reports suggest the figure could reach $3.9 billion by 2008.

No comments:

Post a Comment