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Jez
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Teletext is reporting that ITV1 is planning a new daytime soap. I also found this article.
Shed eyes new shows after ITV blow Wednesday November 15, 12:03 PM
Click to enlarge photo
A TV production company has said it had a "very healthy slate" of new shows as it looked to move on from the axing of two big-name shows on ITV.
Shed Productions suffered a blow in the summer after Footballers' Wives and Bad Girls were dumped by the broadcaster despite strong viewing figures.
However, the firm said it had a strong pipeline of dramas and was sealing deals with TV channels around the world as it made up for the disappointment.
Shed, which also scored a success with the show It's Me or the Dog, has seen turnover balloon 69% to £43.5 million during the last 12 months.
The group also said - despite ITV's decision - both Footballers' Wives and Bad Girls continued to earn "high margin profits" through library and format sales around the world.
It has helped full-year pre-tax profits grow to £6.6 million compared to £4.5 million in 2005, with shows now supplied to BBC, ITV, Channel 4, Five and Sky.
The firm said: "Shed has a very healthy slate with some major projects in the late stages of development with broadcasters. A new drama series for ITV1 is being developed for production and delivery in 2007. Another major drama, Hope Springs, is in late stages of development for prime time BBC One. Shed also has funded development deals with Sky One and BBC One for multi-episode one hour and half hour soaps and is also developing a daytime soap for ITV."
Shed explained a "reasonable conversion" of these developments into sold commissions will enable Shed to make up for the loss of production fee revenues caused by the Footballers' Wives and Bad Girls decision.
It also announced a deal to sell 100 hours of Bad Girls to Viacom-owned US cable channel Logo, while the firm has also signed a development deal with ABC for a US version of Footballers' Wives.
Elsewhere, the company's £25 million acquisition of production house Ricochet has also started to bear fruit with the show Supernanny now broadcast in 47 territories.
So do people think its a good idea to have yet more soap on ITV1?
Quote:
Shed eyes new shows after ITV blow Wednesday November 15, 12:03 PM
Click to enlarge photo
A TV production company has said it had a "very healthy slate" of new shows as it looked to move on from the axing of two big-name shows on ITV.
Shed Productions suffered a blow in the summer after Footballers' Wives and Bad Girls were dumped by the broadcaster despite strong viewing figures.
However, the firm said it had a strong pipeline of dramas and was sealing deals with TV channels around the world as it made up for the disappointment.
Shed, which also scored a success with the show It's Me or the Dog, has seen turnover balloon 69% to £43.5 million during the last 12 months.
The group also said - despite ITV's decision - both Footballers' Wives and Bad Girls continued to earn "high margin profits" through library and format sales around the world.
It has helped full-year pre-tax profits grow to £6.6 million compared to £4.5 million in 2005, with shows now supplied to BBC, ITV, Channel 4, Five and Sky.
The firm said: "Shed has a very healthy slate with some major projects in the late stages of development with broadcasters. A new drama series for ITV1 is being developed for production and delivery in 2007. Another major drama, Hope Springs, is in late stages of development for prime time BBC One. Shed also has funded development deals with Sky One and BBC One for multi-episode one hour and half hour soaps and is also developing a daytime soap for ITV."
Shed explained a "reasonable conversion" of these developments into sold commissions will enable Shed to make up for the loss of production fee revenues caused by the Footballers' Wives and Bad Girls decision.
It also announced a deal to sell 100 hours of Bad Girls to Viacom-owned US cable channel Logo, while the firm has also signed a development deal with ABC for a US version of Footballers' Wives.
Elsewhere, the company's £25 million acquisition of production house Ricochet has also started to bear fruit with the show Supernanny now broadcast in 47 territories.
So do people think its a good idea to have yet more soap on ITV1?
