*Networks were thrown for a loop Monday when Barack Obama's campaign announced it was moving his closing-day acceptance speech of the Democratic presidential nomination from the 19,000-seat Pepsi Center to the 76,000-seat Invesco Field.
According to the Hollywood Reporter, the networks had already set their budget for the Pepsi Center. Millions of dollars were set aside for the transportation of anchors and staff, the costs of cameras and cables and dozens of other line items.
With less than two months to go, Obama's move to Invesco Field has sent networks into a financial tailspin.
"It's going to cost us all more than we budgeted, and we'll have to figure out how to handle it," CBS News senior vp Paul Friedman said.
On Monday, the networks had a conference call to decide how to deal with the bigger venue and its extra charges Fox News Channel previously had been selected to handle the pool coverage, and that won't change. Marty Ryan, executive producer of political coverage at Fox News, said some resources originally earmarked for the venue over four days will move to Invesco for the convention's final day.
"It's just a question of how big in each place," Ryan said. "That we're still resolving."
The budget-conscious broadcast networks will also consider scaling back the size of studios they traditionally build at the convention center.
According to the Hollywood Reporter, the networks had already set their budget for the Pepsi Center. Millions of dollars were set aside for the transportation of anchors and staff, the costs of cameras and cables and dozens of other line items.
With less than two months to go, Obama's move to Invesco Field has sent networks into a financial tailspin.
"It's going to cost us all more than we budgeted, and we'll have to figure out how to handle it," CBS News senior vp Paul Friedman said.
On Monday, the networks had a conference call to decide how to deal with the bigger venue and its extra charges Fox News Channel previously had been selected to handle the pool coverage, and that won't change. Marty Ryan, executive producer of political coverage at Fox News, said some resources originally earmarked for the venue over four days will move to Invesco for the convention's final day.
"It's just a question of how big in each place," Ryan said. "That we're still resolving."
The budget-conscious broadcast networks will also consider scaling back the size of studios they traditionally build at the convention center.
No comments:
Post a Comment