MORNING ROUNDUP: Netflix Offers $100,000-an-Episode to Stream TV Shows Currently Airing
Plus: Hulu CEO Jason Kilar seeks investors to expand internationally, and the Motion Picture & Television Fund is in advanced talks with Providence and UCLA to hand over operations.
- Netflix is making a push for in-season episodes of hit primetime TV shows to expand the content available on its online streaming service, offering between $70,000 and $100,000 per episode, according to the New York Post. The paper highlighted that it isn’t clear though whether TV studios or networks should control streaming rights to in-season shows. “It's a big source of friction," one TV executive familiar with discussions told the Post. Netflix didn’t comment to the Post.
- Online video service Hulu is looking to expand internationally and would be willing to take on new investors in the process, CEO Jason Kilar told the Wall Street Journal, saying there is an "unmet need" for an online TV service in other markets. The paper said he has, for example, expressed interest in a service in Japan. However, Kilar acknowledged that foreign expansion could be challenging, because foreign sales of U.S. shows are already booming. "There's a lot of existing relationships in terms of foreign sales," he said, highlighting that buyers often get exclusive rights to shows in their territories. Hulu's entertainment industry owners are Walt Disney, NBC Universal and News Corp. Kilar also told the Journal that new $7.99-a-month subscription service Hulu Plus is performing ahead of internal expectations, but didn’t provide details.
- Looking to end to a nearly two-year-long showdown over its nursing home and hospital, the Motion Picture & Television Fund is in advanced talks with hospital chain Providence and UCLA Health System to take over the money-losing operations, the Los Angeles Times reported. The facilities serve entertainment industry workers. Citing a source, the Times described the plan as preliminary “with many details yet to be worked out.” The change would need approval by the fund’s board and by state regulators.