Advertisement
Australia markets closed
  • ALL ORDS

    7,837.40
    -100.10 (-1.26%)
     
  • ASX 200

    7,575.90
    -107.10 (-1.39%)
     
  • AUD/USD

    0.6535
    +0.0012 (+0.18%)
     
  • OIL

    83.66
    +0.09 (+0.11%)
     
  • GOLD

    2,349.60
    +7.10 (+0.30%)
     
  • Bitcoin AUD

    96,367.84
    -1,777.27 (-1.81%)
     
  • CMC Crypto 200

    1,316.39
    -80.15 (-5.74%)
     
  • AUD/EUR

    0.6108
    +0.0035 (+0.57%)
     
  • AUD/NZD

    1.0994
    +0.0037 (+0.33%)
     
  • NZX 50

    11,805.09
    -141.34 (-1.18%)
     
  • NASDAQ

    17,718.30
    +287.79 (+1.65%)
     
  • FTSE

    8,139.83
    +60.97 (+0.75%)
     
  • Dow Jones

    38,239.66
    +153.86 (+0.40%)
     
  • DAX

    18,161.01
    +243.73 (+1.36%)
     
  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

Fake Applause, Repeats: Don’t Expect Great TV While Stuck Home

(Bloomberg) -- Prepare for lots of fake applause, canned laughter and repeats.

As coronavirus halts major live events and TV productions across Europe, broadcasters are struggling to keep their schedules full and entertaining for people now stuck at home.

It’s requiring some ingenuity and sleights of hand: in Germany, broadcaster ProSiebenSat.1 Media SE is airing live hit show “The Masked Singer” without a studio audience, sprucing up the singing competition with audio of applause recorded during last week’s episode.

In the U.K., long-running BBC soap opera “Eastenders” has been postponed and is effectively being rationed, cut from four episodes to two per week, so that existing programs already filmed can last for “as long as possible,” the BBC said in a statement. In ITV Plc’s rival soap opera, “Coronation Street,” kissing scenes have been banned.

ADVERTISEMENT

The virus is challenging traditional broadcasters more than streaming giants like Netflix Inc. and Amazon.com Inc., which are less reliant on live programming and advertising revenue, both of which have been badly hit. For example, the suspension of top-flight club soccer and postponement of UEFA’s Euro 2020 competition have left large gaps in the schedules of Comcast Corp.’s Sky, ITV and France’s RMC Sport, owned by Altice Europe NV.

TV Industry Faces Billions in Lost Ads During Sports Hiatus (1)

“It’s a perfect storm,” said John Turner, global head of media practice at management consultants Oliver Wyman. He said long-term production of shows will be shelved and broadcasters won’t be able to charge such high advertising rates when showing old library content.

Pan-regional broadcasters, like Discovery Inc.’s Eurosport and Time Warner Inc.’s CNN, will also suffer as they tend to benefit from global tourism marketing and luxury brand ads, which have declined steeply due to the virus.

“It’s going to be ugly,” said Turner.

Virus Restrictions Seen Boosting Disney’s Europe Streaming Debut

Sky is allowing viewers to freeze payments for sport subscriptions after the English soccer Premier League was put on hold. It will replace live games with feature programs and archive footage. In France, RMC Sport will broadcast documentaries and famous old matches such as European Cup games to fill its scheduling gap, Herve Beroud, Altice Media’s deputy director general in charge of news and sports, said in a radio interview on Wednesday.

“There’s no black screen, obviously,” Beroud said. “We have a large catalog.”

For more articles like this, please visit us at bloomberg.com

Subscribe now to stay ahead with the most trusted business news source.

©2020 Bloomberg L.P.