HBO and Fox cut a deal to keep the movies flowing through 2022, HBO Nordic launches soon
Just in case you only thought Amazon, Netflix and Redbox were working the studio deals, HBO announced today it's worked out an extension of its agreement with 20th Century Fox. Already the "premium network home" of Fox flicks for more than 30 years, this deal is long enough to keep it going into the next decade. The LA Times reports from its sources the original deal would have expired in 2015, while the extension pushes it out to 2022 at a price of over $200 million per year. One key adjustment that's been made for the digital age gives Fox the ability to continue to sell its movies over digital stores even while they're airing on HBO unlike the previous deal, although we're told this provision does not extend to rentals during that time. That's on top of a previous tweak negotiated months ago that let Fox and other HBO partners provide digital copies of their movies on services like iTunes from the Cloud and Ultraviolet during the HBO pay window. One other note is that on the same day Netflix revealed its service is coming to several Scandinavian locales, HBO announced it's doing the same, launching HBO Nordic in Sweden, Norway, Finland and Denmark.
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TWENTIETH CENTURY FOX AND HOME BOX OFFICE EXTEND FILM OUTPUT DEAL
New York City, New York - August 15, 2012-Twentieth Century Fox has renewed its domestic output deal with Home Box Office agreeing to a long-term extension with the subscription pay service, it was announced today by Mark Kaner, President, Twentieth Century Fox Television Distribution and Bruce Grivetti, President, Film Programming, HBO.
HBO has been the premium network home of Twentieth Century Fox films for over 30 years. This extension will carry the ongoing relationship into the next decade.
"We couldn't be happier to announce the extension of our long-standing relationship with HBO, the leading premium pay television service in the United States." said Fox's Kaner. "We look forward to continuing our partnership as Fox evolves its distribution business within the ever-changing media landscape."
"Because of our long and successful partnership with Fox, HBO has been able to deliver to its subscribers some of Hollywood's biggest theatricals," said HBO's Grivetti. "These films have always enhanced the value of the service so it is great that this ongoing relationship will now extend into the next decade."
About Twentieth Century Fox:
Twentieth Century Fox is a subsidiary of News Corporation. News Corporation's diversified global operations include the production and distribution of motion pictures and television programming; television, satellite, cable and digital media broadcasting and transmission, the publication of newspapers, magazines and books; the production and distribution of promotional and advertising products and services; the development of conditional access and subscriber management systems.
About HBO
Home Box Office, Inc. is the premium television programming subsidiary of Time Warner Inc. and the world's most successful pay-TV service, providing the two television services – HBO® and Cinemax® – to approximately 93 million subscribers worldwide. The services offer the most popular subscription video-on-demand products, HBO On Demand® and Cinemax On Demand® as well as HBO GO®and MAX GO®, HD feeds and multiplex channels. Internationally, HBO branded television networks, along with the subscription video-on-demand products HBO On Demand and HBO GO, bring HBO services to over 60 countries. HBO programming is sold into over 150 countries worldwide.
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HBO® Announces New Nordic Service, HBO Nordic
USA, New York – Home Box Office, Inc. (HBO®), the U.S.–based premium television programming subsidiary of Time Warner Inc., and Peter Ekelund/Parsifal International today announced a new joint multi–platform video distribution venture, HBO Nordic, which will serve Sweden, Norway, Finland and Denmark. Further details about the new service will be announced in Sweden at the end of the month.
"HBO is delighted to be entering into a new marketplace and a promising partnership with Parsifal International," said Simon Sutton, President, HBO International and Content Distribution. "We look forward to working with this innovative company and making our new venture a great success."
"I am very proud and excited to be a partner with HBO", said Peter Ekelund, owner of Parsifal International. "The Nordic pay TV market has a tremendous growth potential for new innovative services which respond to the existing shifts in consumer viewing habits on multiple screens. Parsifal will bring its expertise in the distribution of Pay TV services on multiple platforms."
Renowned worldwide for its award–winning and critically acclaimed original programming, HBO has been successfully bringing its branded networks and digital platforms to the global market for more than 20 years.
About HBO
Home Box Office, Inc. is the premium television programming subsidiary of Time Warner Inc. and the world�s most successful pay–TV service, providing the two television services � HBO® and Cinemax® � to approximately 93 million subscribers worldwide. The services offer the most popular subscription video–on–demand products, HBO On Demand® and Cinemax On Demand® as well as HBO GO® and MAX GO®, HD feeds and multiplex channels. Internationally, HBO branded television networks, along with the subscription video–on–demand products HBO On Demand and HBO GO, bring HBO services to over 60 countries. HBO programming is sold into over 150 countries worldwide.
About Parsifal International
Parsifal International is a company specializing in New Media throughout Europe. Privately held by Peter Ekelund, Parsifal International has successfully pioneered new multi–platform, multi–device offerings. In just two years, URHOtv, a subsidiary of Parsifal, has become the leading sports TV service in Finland with a unique offering covering linear pay TV, web TV and mobile. Peter Ekelund has held several prominent positions in the European Pay TV Industry during the past 20 years.
