| Commentary

326 Television production

| Commentary

326 Television production

Where a television programme is commissioned by a broadcaster, the commissioning agreement will contain many of the production elements to be found in production financing agreements1 but will often be structured in such a way that the broadcaster will pay the majority of the finance payable in relation to the programme on delivery of the programme, as is the case in a ‘negative pick-up’ agreement2.

In such cases the commissioning agreement may not contain detailed provisions in relation to takeover and abandonment of production3 and the requirement for the producer to obtain

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