Negotiations for ABC to extend its license agreement for the annual Oscar telecast are underway, but there’s a sticking point: ABC wants more creative input.
ABC’s deal with the Academy of Motion Picture Arts & Sciences already runs through 2020, but the two sides have been in talks for some time about an extension. A long-term deal would provide stability for the Academy as it looks to take on debt to help finance its ambitious Hollywood museum project, set to open in 2018.
Given the ratings issues with recent Oscarcasts, ABC has a much stronger argument to make at the bargaining table. Sunday’s 88th annual Academy Awards brought in the lowest ratings in eight years, a disappointment for Hollywood’s glitziest awards gala.
Under the terms of the contract, the Academy retains the rights to produce the show. That means AMPAS officials pick the producers, the host and set the tone for the overall production.
The network has always wanted more power, and now declining ratings strengthens its demand for a seat at the table when it comes to the show itself. The push is seen as coming from Ben Sherwood and the top ranks of ABC. (The Academy and ABC declined comment on ongoing negotiations.)
On Sunday, host Chris Rock drew generally positive reviews for attacking the Oscars’ diversity crisis with biting jokes. But the overall production of the show was seen as lackluster, given the industry it celebrates. With the diversity issue adding to the pressure, AMPAS is likely to be in a mood to cut a deal.
https://variety.com/2016/tv/news/abc-academy-oscars-deal-renegotiations-oscars-2016-1201718452/
With the weak ratings, do you think ABC will offer makegoods to advertisers?
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