‘Nash’ makes dash to USA

Eye actioner gets $60 mil rerun deal

Rysher Entertainment has inked a $60 million-plus deal with USA Network for the rerun rights to the CBS actioner “Nash Bridges” beginning in fall 2000.

Reps for Rysher and USA declined to comment on the off-network deal. Sources said the pact calls for USA to shell out at least $600,000 per seg, for a minimum of 100 segs, over the five-year license term. That’s on par with recent off-net prices for shows of “Nash’s” caliber.

But it is understood that the deal also includes rating escalator clauses that could nudge the fee as high as $700,000 if the Don Johnson starrer pulls in solid Nielsen numbers in its Monday-Friday run on USA. Rysher also intends to sell the weekend rerun rights to broadcast stations, as has become the norm for off-net hours.

“Nash Bridges,” a staple of CBS’ Friday lineup since 1995, was recently picked up for a fifth season next fall. The show has been one of Rysher’s key assets, and there’s speculation that the promise of off-net riches to come next year could convince a potential suitor to finalize a deal to buy the indie production company.

Rysher has been on the block for nearly two years. Parent company Cox Enterprises has flirted with several prospective buyers, but a few have balked at Cox’s $400 million asking price. Primary contenders for Rysher are said to be Viacom and Sony.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More TV News from Variety