Originally Posted by HB123

They'll be begging to take it back when Channel 5 drop it (which hopefully won't be anytime soon)

They will have the opportunity to bid for it when the contract is up for renewal, just like itv did in 2006, which drove the price up for channel 4 to an over inflated £170 million.. By the end of the contract in 2010 it was only worth half that. Endemol always used to give channel 4 first dibs on the contract. The bottom line is, channel 4 may, and can bid and poach it from channel 5. It's left a huge hole in the programming that they've failed to successfully fill.

[Headie]

Originally Posted by Sawyer

They will have the opportunity to bid for it when the contract is up for renewal, just like itv did in 2006, which drove the price up for channel 4 to an over inflated £170 million.. By the end of the contract in 2010 it was only worth half that. Endemol always used to give channel 4 first dibs on the contract. The bottom line is, channel 4 may, and can bid and poach it from channel 5. It's left a huge hole in the programming that they've failed to successfully fill.

ITV bid for Big Brother in 2006? Wow, I did not know this.

I can see Channel 4 bidding for it but Channel 5 ultimately sustaining the rights to it and Channel 4 will probably not get it.

Can someone explain the contract renewal process to me? Is it the highest bidder wins or something? And what if there is only 1 bidder?

Originally Posted by HB123

ITV bid for Big Brother in 2006? Wow, I did not know this.

I can see Channel 4 bidding for it but Channel 5 ultimately sustaining the rights to it and Channel 4 will probably not get it.

Can someone explain the contract renewal process to me? Is it the highest bidder wins or something? And what if there is only 1 bidder?

Endemol will have an asking price, and will enter negotiations about six months before the contract is up. If one channel matches it then fine, but if another channel shows interest in it they will have to bid more than the previous offer If no one matches the asking offer or no one shows any interest, then it doesn't sell. Just like a normal auction.

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http://www.digitalspy.co.uk/media/ne...g-brother.html

]Published Tuesday, Aug 8 2006, 02:38 BST


ITV has begun early talks with Endemol with a view to poaching Big Brother from Channel 4, according to the Media Guardian.

C4 has broadcast the popular reality series for the last six years but has no long-term contract in place to keep the show with the network on an exclusive basis.

The current two-year contract expires after the eighth series ends next summer. Negotiations on a new deal will begin later this year.

A source told the 'paper that ITV's director of television Simon Shaps was prepared to put up an "almighty fight" to take the show.

"Big Brother is with Channel 4 at the moment and Endemol is quite happy with them but technically it has no home after next year," the source is quoted as saying. "When it comes to pure financial muscle, ITV could probably beat Channel 4."

[CaudleHalbard]

Originally Posted by Sawyer

Endemol will have an asking price, and will enter negotiations about six months before the contract is up. If one channel matches it then fine, but if another channel shows interest in it they will have to bid more than the previous offer If no one matches the asking offer or no one shows any interest, then it doesn't sell. Just like a normal auction.

So BBC could get it - in theory?

Originally Posted by CaudleHalbard

So BBC could get it - in theory?

In theory, yes, anyone can bid for it.

[Headie]

Originally Posted by Sawyer

Endemol will have an asking price, and will enter negotiations about six months before the contract is up. If one channel matches it then fine, but if another channel shows interest in it they will have to bid more than the previous offer If no one matches the asking offer or no one shows any interest, then it doesn't sell. Just like a normal auction.

----------------------

http://www.digitalspy.co.uk/media/ne...g-brother.html

]Published Tuesday, Aug 8 2006, 02:38 BST


ITV has begun early talks with Endemol with a view to poaching Big Brother from Channel 4, according to the Media Guardian.

C4 has broadcast the popular reality series for the last six years but has no long-term contract in place to keep the show with the network on an exclusive basis.

The current two-year contract expires after the eighth series ends next summer. Negotiations on a new deal will begin later this year.

A source told the 'paper that ITV's director of television Simon Shaps was prepared to put up an "almighty fight" to take the show.

"Big Brother is with Channel 4 at the moment and Endemol is quite happy with them but technically it has no home after next year," the source is quoted as saying. "When it comes to pure financial muscle, ITV could probably beat Channel 4."

Ah ok, thanks

So as it stands, there's a good possibility that Channel 4 will bid for Big Brother next year? (but Channel 5 will most likely get it?)

Originally Posted by HB123

Ah ok, thanks

So as it stands, there's a good possibility that Channel 4 will bid for Big Brother next year? (but Channel 5 will most likely get it?)

I personally think channel 4 would be too stubbourn to admit defeat by taking it back, but they would certainly have the financial muscle to do it, whether they do or not, I have no idea.