Confidential Draft Overview of Potential Reality TV Partnerships March 2008.

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Confidential Draft Overview of Potential Reality TV Partnerships March 2008

Transcript of Confidential Draft Overview of Potential Reality TV Partnerships March 2008.

Page 1: Confidential Draft Overview of Potential Reality TV Partnerships March 2008.

Confidential Draft

Overview of Potential Reality TV Partnerships

March 2008

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By Expanding our Relationship with Leading Producers, SPT can Build a Robust Reality TV Portfolio

Company Name Description Potential Deal Structure

Embassy Row (Michael Davies)

• New York based global format and digital production company

• Develops original concepts and adapts international formats

• Created “Who Wants to be a Millionaire” & “Power of 10” & “The Nine”

• Current deal would be extended for five years• $1.2MM, not recoupable against EP fees, but recoupment of term deal

as a cost of production in calculating profit participation• SPT would forgive ER’s current year recoupment of $600K• Davies would act as producer on shows and receive an EP fee • Sony would own all copyrights (with limited exceptions if Davies deficit

finances)• Davies would have a participation of 50% of format profits [minus 10%

distribution fee] and 25% of syndication profits [minus production costs and 25% distribution fee]

Fever • Former BBC executives • Created “Dancing with Stars”• Located in London• Sony BMG has an existing

relationship and a 30% ownership interest

• 3 year deal• $600K YR1; $750K YR 2; $900K YR 3; with (split between fees for in-

person and consultation)• No recoupment against EP fees, but recoupment of term deal as a cost

of production in calculating profit participation• Fever would act as producer on shows and receive an EP fee • Sony would own all copyrights with the exception of UK, where Fever

can create derivatives, sell formats, and distribute directly• Fever would have a participation of 50% of format profits [minus 10%

distribution fee] and 25% of syndication profits [minus production costs and 25% distribution fee]

Mark Burnett • Major reality TV producer• Created "Survivor" & "The

Apprentice" & “Are you Smarter than a 5th Grader”

• SPT would fund the acquisition of 1 property for up to $1MM• Burnett would act as a producer on the property (receiving an EP fee)• SPT would own all copyrights• Burnett would receive a 50% interest in the property, reducible by other

participating producers

Tom Foreman • US based producer• Created “Kid Nation” & EP on

“Extreme Makeover Home Edition”

• 2 year deal• $2.25MM per year; 100% recoupable as a cost of production in

calculating profit participation• SPT would own a 50% interest in created shows

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Michael Davies

• CY08 - CY11 as submitted by Embassy Row

• Assume Pof10 is formatted and syndicated

• Assume several shows continue successfully into CY12 and CY13

• Assume normal volume for CY12 and CY13 (1 new cable series, 1 new net series)

Fever

• Over 3 years; create 1 "primetime success" and 1 "primetime failure"

– The “success” airs 6 eps YR1; 12 eps YR2; 26 eps YR3 and is formatted internationally

– The failure airs 6 eps and is then cancelled

– Pilot-to-pick-up ratios in-line with industry success rates

Burnett

• Acquire 1 series that airs 8 episodes on network; show is then formatted internationally at modest levels

Tom Foreman

• Over 2 years; create 1 "primetime success" and 1 "primetime failure"

– The “success” airs 6 eps YR1; 12 eps YR2; 26 eps YR3 and is formatted internationally

– The failure airs 6 eps and is then cancelled

– Pilot-to-pick-up ratios in-line with industry success rates

Slate Assumptions

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Appendix

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Shows Year Net StatusMy Kind of Town 2005 ABC Cancelled2006 World Series of Darts 2006 ESPN CancelledChain Reaction 2006 GSN OngoingKeith Barry: Extraordinary 2006 CBS Specials ongoingWorld Series of Pop Culture 2006 VH1 OngoingEllen's Really Big Show 2007 TBS Special completedGrand Slam 2007 GSN UnknownPower of 10 2007 CBS OngoingHold Onto Your Seat 2008 ? In Production

PilotsBalls of Steel 2007 A&E Not picked up

Embassy RowShows Year Net StatusSurvivor 2000 CBS OngoingCombat Missions 2002 USA Not renewedBoarding House: North Shore 2003 WB CancelledThe Restaurant 2003 NBC CancelledThe Apprentice 2004 NBC OngoingThe Casino 2004 FOX CancelledThe Contender 2005 NBC/ESPN Cancelled/OngoingRock Star 2005 CBS Not renewedOn the Lot 2007 FOX UnknownAmne$ia 2007 NBC OngoingAre You Smarter Than a 5th Grader? 2007 FOX OngoingPirate Master 2007 CBS Moved onlineMy Dad Is Better Than Your Dad 2008 NBC Ongoing

PilotsAre We There Yet? 2003 WB Not picked upCommando Nanny 2004 WB Cancelled

Mark Burnett Productions

Following are the Shows Produced by Embassy Row and Mark Burnett Productions (Limited Track Records for Fever and Tom Foreman)

NOTE: Highlighted the higher-profile, ongoing series for each of the companies.

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Michael Davies Slate Assumptions (CY)

2007 EPS 2008 EPS 2009 EPS 2010 EPS 2011 EPS 2012 EPS 2013 EPS

WSOPC 2 (CS1) 8 WSOPC 3 (CS1) 10 WSOPC 4 (CS1) 12 WSOPC 5 (CS1) 12Grand Slam (CS2) 8 Grand Slam 2 (CS2) 8 Grand Slam 3 (CS2) 10 Grand Slam 4 (CS2) 10 Grand Slam 5 (CS2) 12

Chain Reaction 2 (CSS1) 65 Chain Reaction 4 (CSS1) 65 Chain Reaction 5 (CSS1) 65Chain Reaction 3 (CSS1) 65P10 (NS1) 8 P10 (NS1) 16 P10 (NS1) 16 P10 (NS1) 22 P10 (NS1) 26

Net Series 2 (NS2) 8Cable Series 3- GSN (CS3) 13

P10 (NS1) Syndication 195 P10 (NS1) Syndication 195 P10 (NS1) Syndication 195 P10 (NS1) Syndication 195 P10 (NS1) Syndication 195

P10 (NS1) Format 50 P10 (NS1) Format 50 P10 (NS1) Format 50 P10 (NS1) Format 50 P10 (NS1) Format 50

Cable Series 4 (CS4) 8 Cable Series 4 (CS4) 10 Cable Series 4 (CS4) 12Net Series 3 (NS3) 8Cable Strip Series 2 (CSS2) 65Syn Series 1 130

Net Series 5 (NS5) 8Net Series 6 (NS6) 8

Cable Series 6 (CS6) 8 Cable Series 6 (CS6) 10Cable Strip Series 3 (CSS3) 65 Cable Strip Series 3 (CSS3) 130 Cable Strip Series 3 (CSS3) 130 Cable Strip Series 3 (CSS3) 130

Cable Strip Series 3 (CSS3) FMT 50 Cable Strip Series 3 (CSS3) FMT 50

Cable Strip Series 4 (CSS4) 40

Cable Series 7 (CS7) 8

Net Series 7 (NS7) 8 Net Series 7 (NS7) 16 Net Series 7 (NS7) 26Net Series 7 (NS7) Syndication 195

Net Series 7 (NS7) Format 50

Net Series 10 (NS10) 8

Cable Series 12 (CS12) 8Net Series 12 (NS12) 8Cable Series 15 (CS15) 8

P10 Pilot (NP1) 1 Net Pilot 3 (NP3) 1 Net Pilot 5 (NP5) 1 Net Pilot 7 (NP7) 1 Net Pilot 9 (NP9) 1 Net Pilot 11 (NP11) 1 Net Pilot 12 (NP12) 1Balls of Steel (CP1) 1 Net Pilot 4 (NP4) 1 Net Pilot 6 (NP6) 1 Net Pilot 8 (NP8) 1 Net Pilot 10 (NP10) 1 Net Pilot 12 (NP12) 1 Net Pilot 13 (NP13) 1

Net Pilot 2 (NP2) 1 Cable Pilot 3 (CP3) 1 Cable Pilot 5 (CP5) 1 Cable Pilot 7 (CP7) 1 Cable Pilot 10 (CP10) 1 Cable Pilot 13 (CP13) 1 Cable Pilot 16 (CP16) 1Cable Pilot 2 (CP2) 1 Cable Pilot 4 (CP4) 1 Cable Pilot 6 (CP6) 1 Cable Pilot 8 (CP8) 1 Cable Pilot 11 (CP11) 1 Cable Pilot 14 (CP14) 1 Cable Pilot 17 (CP17) 1

Cable Strip Pilot 2 (CSP 2) 1 Cable Strip Pilot (CSP2) 1 Cable Pilot 9 (CP9) 1 Cable Pilot 12 (CP12) 1 Cable Pilot 15 (CP15) 1 Cable Pilot 18 (CP18) 1

SynPilot 1 1 SynPilot2 1 Cable Strip Pilot 3 (CSP3) 1 Cable Strip Pilot 5 (CSP5) 1Cable Strip Pilot 4 (CSP4) 1 Cable Strip Pilot 6 (CSP6) 1

SynPilot 3 1 SynPilot 4 1

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Additional Overall Slate (CY)

2008 EPS 2009 EPS 2010 EPS 2011 EPS 2012 EPS 2013 EPS

Fever Series 2 6Fever Series 4 6 Fever Series 4 12 Fever Series 4 26

Fever Series 4 (Format) 50 Fever Series 4 (Format) 50 Fever Series 4 (Format) 50

Burnett Acq 1 8Burnett Acq 1 (Format) 50 Burnett Acq 1 (Format) 50 Burnett Acq 1 (Format) 50

Foreman Network Series 3 6 Foreman Network Series 3 12 Foreman Network Series 3 26Foreman Ntwrk Series 3 (FMT) 50 Foreman Ntwrk Series 3 (FMT) 50 Foreman Ntwrk Series 3 (FMT) 50

Foreman Network Series 6 6

Fever Pilot 1 1 Fever Pilot 3 1 Fever Pilot 5 1Fever Pilot 2 1 Fever Pilot 4 1 Fever Pilot 6 1

Burnett Acq Pilot 1 1

Foreman Network Pilot 1 1 Foreman Network Pilot 4 1Foreman Network Pilot 2 1 Foreman Network Pilot 5 1Foreman Network Pilot 3 1 Foreman Network Pilot 6 1