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Wednesday, July 11, 2018 10:33:15 AM
http://allocationmedia.com/shows/
Lets face it, there’s big money in television syndication! First-run syndication shows like Judge Judy, Martha Stewart Living, Wheel of Fortune, Entertainment Tonight, The Oprah Winfrey Show, The People’s Court, to Live with Kelly and Ryan generate large profits through this business model.
Did you know Judge Judy makes 47 million a year and only works 52 days per year? This is just the tip of the iceberg as to to how lucrative TV syndication can be!
What is television syndication, precisely? Syndication is where an independent producer can freely market and sell a show to multiple TV stations around the country. Syndicated shows are either “first-run,” (not owned by a specific network), or “second-run,” (used to belong to one particular network but now airs elsewhere) For example Seinfeld had a first-run on NBC affiliates and now airs as “reruns” specifically on TBS.
Despite the increasing popularity of on-demand streaming services like Netflix and Hulu, syndicated, over-the-air TV is still extraordinarily popular among viewers and TV syndication statistics show they’re highly profitable. United States national TV syndication currently brings in about 1.8 Billion ad dollars coming in per year which does not include foreign markets. Allocation Media Entertainment will specialize in first-run syndication for its unscripted shows as well as distribute condensed versions of its programming to second screen, internet video platforms.
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