The impact of CBS's takeover of Ten is much larger than just one network

Source: theconversation.com --- Monday, August 28, 2017
CBS has bought Channel Ten and plans to bring its streaming service to Australia. Shutterstock Ten Network is being acquired by US broadcaster CBS Corporation . CBS now controls three TV channels - Ten, Eleven and One - as well as a fledgling streaming service, Tenplay. But this acquisition is only the beginning of the shakeup to the Australian television industry. CBS is a major supplier of content to all the commercial television networks and streaming services in Australia and has announced the launch of its video streaming service in Australia. As the main competition between broadcasters and streaming services is access to exclusive content, CBS’ entrance will shake up the entire industry. Stan particularly is threatened as it does not have the deep pockets of its rivals to fund a lot of original programming. CBS controls a lot of important content Even before the Ten Network acquisition, CBS had a large programming footprint in Australia. CBS programs are currently broadcast by all three Australian commercial television stations and the SBS. Many of these are very popular shows, such as the Big Bang Theory on Nine and the NCIS franchise on Ten. In addition to these free-to-air broadcasts, CBS has deals with Foxtel and a multi-year contract with streaming service Stan, which includes major shows like Billions and Twin Peaks. Netflix also has the international broadcast rights for several CBS programs, including the yet to b ...

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