Nice niche

Domestic nets consider foreign expansion

Hollywood — MTV Network chairman Tom Freston, Mipcom’s Personality of the Year, is upbeat about the long-term potential of the international TV market:

“It’s inherently a great business. There’s tremendous growth ahead and good long-term prospects.”

He points out, for example, that all of MTV’s foreign channels, save one or two, are now in profit.

That optimistic assessment of the international channel biz was echoed by several top U.S. execs, whose niche services are finally getting traction abroad.

Sony exec VP Peter Iacono says his company is involved in 34 channels worldwide. Many of these offshoots, including actioner AXN, are not only profitable but must also be reckoned as creating “asset value” for the parent company.

Similarly, MGM’s new channel topper, Bruce Tuchman, says he is looking at prospects for MGM-branded channels in Continental Europe. The company is looking at possibly buying into already existing channels in the region. It already has local partners in Lion-branded channels in Israel and Turkey.

Ditto for Discovery Channels Worldwide, which continues to see its many foreign feeds move into profit.

More Scene

  • Ryan Murphy Pose

    Ryan Murphy on 'Showrunning as Advocacy' and the Post-Me Too 'Age of Enlightenment'

    Hollywood — MTV Network chairman Tom Freston, Mipcom’s Personality of the Year, is upbeat about the long-term potential of the international TV market: “It’s inherently a great business. There’s tremendous growth ahead and good long-term prospects.” He points out, for example, that all of MTV’s foreign channels, save one or two, are now in profit. […]

  • 'The Sinner' film premiere

    Jessica Biel Closes Her Kid-Friendly Au Fudge Restaurant

    Hollywood — MTV Network chairman Tom Freston, Mipcom’s Personality of the Year, is upbeat about the long-term potential of the international TV market: “It’s inherently a great business. There’s tremendous growth ahead and good long-term prospects.” He points out, for example, that all of MTV’s foreign channels, save one or two, are now in profit. […]

  • Comedy Converstion with L to R:

    Just for Laughs Festival Honors Tiffany Haddish, Hannah Gadsby, More

    Hollywood — MTV Network chairman Tom Freston, Mipcom’s Personality of the Year, is upbeat about the long-term potential of the international TV market: “It’s inherently a great business. There’s tremendous growth ahead and good long-term prospects.” He points out, for example, that all of MTV’s foreign channels, save one or two, are now in profit. […]

  • Paul Krassner Memoir Illustration

    Paul Krassner on Resisting With Humor

    Hollywood — MTV Network chairman Tom Freston, Mipcom’s Personality of the Year, is upbeat about the long-term potential of the international TV market: “It’s inherently a great business. There’s tremendous growth ahead and good long-term prospects.” He points out, for example, that all of MTV’s foreign channels, save one or two, are now in profit. […]

  • Just for Laughs Festival Montreal

    Just for Laughs Festival Is the Coachella of Comedy

    Hollywood — MTV Network chairman Tom Freston, Mipcom’s Personality of the Year, is upbeat about the long-term potential of the international TV market: “It’s inherently a great business. There’s tremendous growth ahead and good long-term prospects.” He points out, for example, that all of MTV’s foreign channels, save one or two, are now in profit. […]

  • National Comedy Center Set To Open

    National Comedy Center Set To Open During Lucille Ball Fest

    Hollywood — MTV Network chairman Tom Freston, Mipcom’s Personality of the Year, is upbeat about the long-term potential of the international TV market: “It’s inherently a great business. There’s tremendous growth ahead and good long-term prospects.” He points out, for example, that all of MTV’s foreign channels, save one or two, are now in profit. […]

More From Our Brands

Access exclusive content