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HBO Pays Over $1 Billion for "The Big Bang Theory" Streaming Rights

posted by martyb on Wednesday September 18 2019, @10:06AM   Printer-friendly
from the obviously,-Sheldon-Cooper-was-the-better-negotiator dept.

An Anonymous Coward writes:

https://www.theverge.com/2019/9/17/20870140/big-bang-theory-hbo-max-streaming-exclusive-worth-billion-seinfeld-netflix-friends-the-office

Just one day after Netflix secured the streaming rights to Seinfeld in a deal reportedly worth more than $500 million, WarnerMedia’s HBO Max has gone one step further, acquiring the rights to The Big Bang Theory in a deal reportedly worth more than $1 billion.

The deal gives WarnerMedia’s HBO Max the exclusive domestic streaming rights for five years, according to The Hollywood Reporter. That means another streaming service could carry the show in global markets. The deal also extends the syndication deal between Warner Bros. Television and TBS through 2028.

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  • (Score: 0) by Anonymous Coward on Wednesday September 18 2019, @01:21PM (2 children)

    by Anonymous Coward on Wednesday September 18 2019, @01:21PM (#895625)

    I find it strange that so much is being spent on old shows too. A billion dollars could be used to make really good new content to draw people in.

    However, I'm not sure I would trust HBO with new content after what happened with Game of Thrones.

  • (Score: 2) by Runaway1956 on Wednesday September 18 2019, @02:33PM

    by Runaway1956 (2926) Subscriber Badge on Wednesday September 18 2019, @02:33PM (#895659) Journal

    I'm not sure that a billion dollars could create new content. There's little talent out there, and what there is, is usually stabbed in the back by management. Management doesn't WANT talented people around, because they might expose management as a bunch of posers and losers.

  • (Score: 4, Insightful) by Phoenix666 on Wednesday September 18 2019, @08:42PM

    by Phoenix666 (552) on Wednesday September 18 2019, @08:42PM (#895810) Journal

    What show has wrapped up nicely, in the last decade? I didn't watch Game of Thrones, because the nihilism turned me off from the beginning, but now that everyone panned the end I am doubly sure I never need waste my time. However, I don't think Game of Thrones was unique in that. I remember the remake of Battlestar Galactica with the hot Asian cylon ending with a whimper. Lost was panned. Breaking Bad was depressing. Babylon 5 had a great story arc that they lamely tacked another season onto when the studio threw money at them to keep it going. Buffy the Vampire Slayer was so strong for so long, and then had a sucky ending.

    British shows seem to have a better track record. They end shows when they should end, because the story dictates it. American TV treats everything as a mere vehicle to push more ad time.

    --
    Washington DC delenda est.