NEW YORK — WE: Women’s Entertainment has engineered its first major deal for an off-network series, buying exclusive rerun rights to Buena Vista TV’s hit WB series “Felicity.”
The deal for “Felicity,” which BV was pitching to all the major cable networks including TNT, USA, TNN and FX, puts WE (formerly known as Romance Classics) in the running for future off-network series targeted to women. “Felicity,” which is going into its fourth year on the WB, becomes available to WE in fall 2002. A spokeswoman for WE declined to comment on the “Felicity” deal.
The parties would not discuss license fees, but one source said BV was looking for about $400,000 an episode.
WE’s willingness to spring for “Felicity” parallels the deal its sister network Bravo closed earlier this year for exclusive rerun rights to Warner Bros. TV’s “The West Wing” for the staggering license fee of $1.2 million an episode. Both WE and Bravo are majority-owned by Chuck Dolan’s Rainbow Media Holdings.
Two other off-network hours are in the marketplace seeking cable network buyers: Warner Bros. TV’s “Third Watch” and Columbia TriStar TV’s “Dawson’s Creek.”