Thursday, May 5, 2011

UMS In Budget Cut Mode On 'House' As It Faces 20% License Fee Reduction From Fox (Deadline Hollywood)

With the _Bones_ pickup out of the way, attention focuses on the other Fox drama embroiled in a renewal drama, _House_. After a string of deadlines came and went, including one last Friday and another one this Monday, there is still no deal but I hear the hope is to wrap the renewal up by early next week when Fox brass will start piecing together the network's schedule for next season. It won't be an easy task as Fox and _House _producer Universal Media Studios are still apart on the license fee by about 20%. That's by how much I hear Fox wants to cut the series' current license fee to about $5 million per episode next season. At this point in a series' run (_House _will be entering its 8th season in the fall), the network license fee normally covers the cost of production. But I hear UMS cannot produce _House_ in its current form for $5 million an episode, so it has been unwilling to accept a reduced license fee as it faces the possibility to have to deficit finance a show in its eighth season, something studios rarely do. But ...
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