4oD Rolls On…..

Posted on April 30, 2008

Video on Demand deal with C4 extended by Equity Council

Equity Council at its April Meeting endorsed the following proposal to extend the existing Video on Demand agreement with Channel 4 for its 2008 service.  A reconciliation of the earlier 2006/7 VoD agreement was also agreed. 

The Agreement for 2008        

• A guaranteed combined six-figure minimum payment for both their Free Video on Demand service and their Subscription Video on Demand service. 
• This payment will cover the period 27^th March 2008 to 31^st December 2008 for Free Video on Demand (FVoD) which includes 10 hours a week going into catch-up, plus stacking and a rolling archive.
• Payment for the Television/Subscription Video on Demand (SVoD) service covers the period 27^th March 2008 to 31^st March 2008 and includes catch-up and rolling archive.
• Any overages (higher consumer take up than provided for) on the SVoD service shall be reconciled at the end of the agreed period.
• Should views/hits on FVoD increase over the period then C4 and Equity will enter into good faith negotiations over the fees. 

The 2006/2007 Reconciliation 

• During the course of the agreed period for FVoD and SVoD during 2006/7 the number of views exceeded Channel 4’s expectations and therefore C4 made additional ‘overage’ payments as per the agreement with Equity.

 As with the previous agreement with Channel 4 BECS will administer and distribute all the money paid by C4.  BECS will receive an administration fee on top of the money paid, to cover the cost of the service they provide. Andy Prodger, Assistant General Secretary Film, Television and Radio Department commented that ‘this is another landmark agreement negotiated by Equity on behalf of the members and demonstrates that Equity is successfully facing the challenges that technology brings to the television industry.’

TV is Changing • Equity