“Jeopardy!” And “Wheel of Fortune” are run for a broadcast agreement for the first time as owner Sony Pictures Entertainment requires a larger, younger audience.
On Thursday, Sony said he was seeking offers from key media and technology enterprises for broadcasting rights in new episodes of two long series, according to the New York Times.
The parent company is in talks with some broadcasting services and expects to reach an agreement until early April, according to the report.
Sony said broadcasting rights for the two popular game shows would begin in September and could last for three years.
“The world is changing around us,” Keith Le Goy, chairman of the Sony TV Division, for The Times. “Consumption for broadcasting is now overcoming the consumption of other forms of television distribution.”
Sony did not respond immediately to the post for comment request.
“Jeopardy!” And the “Wheel of Fortune” continue to be caught in the mass audience, despite decades premiere before – in 1964 with Art Fleming’s host, and in 1975 with Chuck Wooler, respectively.
The two play shows draw about seven million viewers one night each, according to Nielsen.
But their audiences, along with other classic TV layers, are growing up and getting smaller.
So Sony is looking to grow the base of its viewers, imitating the same tactic used by sports giants like WWE, which signed a deal last year to broadcast “WWE RAW” exclusively on Netflix.
The NFL, meanwhile, broadcasts its Thursday’s games in Amazon Prime, and Super Bowl broadcast on free tube service for the first time this year.
Price shows, which also attract large audiences on traditional TV, have written their broadcast agreements. The Oscars, for example, will broadcast live on Hulu for the first time on Sunday.
New episodes of “Jeopardy!” And “Wheel of Fortune” will broadcast on the service of the winning bidder a day after being broadcast on trade union television, according to Times.
The rights of the same day for new episodes will be available in September 2028, when they expire the pre-existing union agreements, the report said.
Ravi Ahuja, who took over as Sony’s chief executive last month, said he was the way of storms to move on broadcast shows since joining the company four years ago.
“People are running all over the city looking for intellectual property,” Ahuja told Times.
“When I got here it was clear that ‘Wheel of Fortune’ and ‘Jeopardy!’ It was the proverbial assets that were hidden in simple views.
Sony has arranged both shows while preparing for a pivot to transmit.
Ryan Seacrest, known for his well -known radio shows and the role he received “American Idol”, replaced the long host Pat on “Wheel of Fortune” last year.
Seacrest signed an agreement reaching until the early 2030s to help the show go to the broadcast.
Ken Jennings, who holds the record for the longest winning line in “Jeopardy!” With 74 wins in a row, he became full -time host in 2023.
Sony has rebuilt groups and technology for both shows, including new green screens and monitors.
Meanwhile, Sony has embraced a month of CBS on the distribution rights for both trade union shows, which the company said is separated from broadcasting rights.
“Jeopardy!” And “Wheel of Fortune” together produce a 425 trade union episode a year, which can help transmitting services hold subscribers who regularly view shows.
The shows also generated a $ 175 million combined in advertising revenue last year, as directed by the Data Firm.
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