×
You will be redirected back to your article in seconds

‘CSI’s build Alliance Atlantis bank

Projections based on boffo ratings under CBS deal

TORONTO — Alliance Atlantis expects its hit shows “CSI: Crime Scene Investigation” and “CSI: Miami” to generate C$1 billion ($767 million) in revenues over their complete runs.

The projections, announced Wednesday, are based on the programs’ boffo ratings in accordance with a deal inked earlier this year with co-producer CBS. The deal is based on the fourth season ratings for both shows.

The original skein is the most-watched series on U.S. TV, qualifying it for hefty bonus payments. “Miami,” which is in season two, ranks sixth.

Of the projected $767 million, Alliance Atlantis expects a gross profit of about $383 million and a pretax cash flow of $249 million between the next fiscal year and fiscal 2008.

“From 2009 on, we are forecasting an additional $230 million in pretax cash flow for ‘CSI,’ ” said chief financial officer and senior exec veep Jud Martin.

Martin reported that about 76% of that forecast revenue is already contracted, and said that Alliance Atlantis “is very confident in ‘CSI’s’ ability to achieve the forecasts we are presenting today.”

Alliance Atlantis is interested in producing a third “CSI” spinoff, though execs stressed the importance of not cutting into the success of the first two.

Executives also told financial analysts that the new Movie Distribution Income Fund, a spinoff that owns 49% of Alliance Atlantis’ distribution business and was created to help slash debt and finance future growth, has raised $195 million.

Chairman-CEO Michael MacMillan said the company couldn’t be more pleased with the result.

Alliance Atlantis’ debt stands at $323 million, down from a high of $560 million in the first quarter of fiscal 2002.

Shares of the company closed up 28¢ at $17.93 on Nasdaq on Thursday.

More TV

  • Fox News Logo

    Former DNC Chair Donna Brazile Joins Fox News as Contributor

    Donna Brazile, the former chairwoman of the Democratic National Committee, will join Fox News as a contributor, the cable-news network announced Monday. Brazile, a veteran Democratic strategist, will offer political analysis across both Fox News Channel and Fox Business Network’s daytime and primetime programming. She was expected to make her first appearance on Fox News’ [...]

  • TV Ad Sales Upfronts

    NBCUniversal, Sky Make Joint Ad Offering As TV Upfront Looms

    NBCUniversal and Sky PLC will offer joint packages of advertising services, a new effort to monetize the European satellite broadcaster, which was purchased by parent Comcast Corp. for $39 billion last year. Advertisers will be able to reach customers in sundry international markets as well as the United States, using inventory across NBCU and Sky [...]

  • Robert Iger and Rupert Murdochcredit: Disney

    Wall Street Applauds as Disney Nears Finish Line on Fox Acquisition

    Wall Street is rooting for Disney as the media giant reaches the finish line this week in its 15-month quest to acquire most of Rupert Murdoch’s film and TV empire. Fox shareholders, on the other hand, are being a little more cautious. Disney is poised to close the $71.3 billion deal that took many twists [...]

  • Skam Season 2 Bows on Movistar

    Spanish Remake Of 'Skam' Returns to Movistar + on March 28

    MADRID — Movistar +, the pay TV unit of telco giant Telefonica, has set a March 28 release for Season 2 of “Skam España,” the Spanish remake of Norwegian cult web-TV hit teen drama “Skam” (“Shame”) whose plot, at least in the second season, begins to diverge from the Nordic original. Produced in collaboration with [...]

  • HBO Asia Unveils Three New Originals,

    HBO Asia Unveils Slate of Originals, Renews ‘Teenage Psychic’ for Second Season

    HBO Asia has unveiled a trio of new original series and a second season of its hit “The Teenage Psychic.” The new shows bring the number of original series commissioned and distributed by the Singapore-based offshoot of HBO to 15. “Dream Raider” will be HBO Asia’s first Asian sci-fi drama, an eight-episode hour-long series that [...]

  • Supergirl -- "O Brother, Where Art

    Jon Cryer Breaks Down Playing 'Sociopath' Lex Luthor on 'Supergirl'

    SPOILER ALERT: Do not read if you have not yet watched “O Brother, Where Art Thou?” the Mar. 17 episode of “Supergirl.” After seasons of build-up, Lex Luthor (Jon Cryer) made his “Supergirl” debut in the fourth season episode entitled “O Brother, Where Art Thou?” Initially, the supervillain positioned himself as a sick man, eager [...]

More From Our Brands

Access exclusive content