In the olden days, the real value in a TV show was the long tail selling to syndication. A network, say NBC, would pay for the first run, but then constant reruns would make the true owner, say Warner Bros, all the profit. When streaming came, say Netflix, that was another source of cash.
The question, of course, is what about Netflix? Could they sell their shows to other platforms or channels? Why or why not?
My latest at Decider explores that very question, using Grace and Frankie as the example, given that it’s launching its most recent season today, which happens to bring them to 96 episodes. (As always they crushed it on the key art.)
Along the way I explore or provide the data for…
– The various content deals of the last year or so
– Past streaming to syndication deals
– The relative popularity of Grace and Frankie compared to the “big six” streaming deals.
– Calculate a broad guess at how much G&F would be worth in licesning.
And for the second time, I’m going to give my readers a special offer. If you want to download the Excel file I used to run the calculations—it’s definitely not that complicated, but some have asked for it—click here. (Click on the link.) I also have all my citations in there, and my Google Trends images for completeness.
Here’s all I ask: if you download it, subscribe to my newsletter. That’s the best way to help out the website.
(As the year progresses, I’m debating monetizing my writing by releasing more of these Excel docs via a Freemium model. If that interests you or you’d pay to support my writing, send me a note to let me know.)
Read it and let me know what you think.