Article Abstract:
The American television programme market is broadly self-sufficient, with over 75 channels operating 24 hours a day, and containing a wide variety of subject matter aimed at a huge audience in a single language. British programmes are not sold in any noticeable quantity, although sales are being achieved through the re-formatting of domestic sitcoms for network television. Further American deals can only be made if local knowledge is used to make an in-road into the television programme procurement process.
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Article Abstract:
John Hendricks, founder of Discovery Communications, has gained a reputation for having unusual ideas which have proved to be successful. He was not really expected to achieve much which his plans for a cable documentary channel in 1982, but the operation is now extremely valuable. His latest plan is to move into feature films, and the company also hopes to become a retailer in the US.
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Article Abstract:
The Disney and ABC/Capital Cities merger created the world's largest media company with turnover of about $16 billion. Disney's core businesses of film and TV production will fit well with ABC's core business of broadcasting/distributing.
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