‘Madam Secretary’ Heads to Netflix, WeTV in Rich Syndication Pacts

‘Madam Secretary’ Heads to Netflix, WeTV in Rich Syndication Pacts
The CBS drama “Madam Secretary” is heading to Netflix, cabler We TV and the CBS-owned station group in syndication deals that are expected to generate about $2 million an episode for the show.

The tri-part licensing pact for the Tea Leoni starrer that is now in its fourth season reflects the new realities of selling shows in syndication through a patchwork-quilt model of deals. “Madam Secretary,” produced by CBS Television Studios, has been a workhorse for CBS, but the licensing coin is nonetheless surprisingly rich at a time when there’s no shortage of dramas on the off-network market.

“CBS dramas continue to be in demand on all viewing platforms as their subscribers and viewers covet content that appeals to mass audiences,” said Scott Koondel, chief content licensing office of CBS Corporation. “This proven off-network model will provide tremendous incremental value for both CBS and our licensing partners.”

The first three seasons of “Madam Secretary” are now available
See full article at Variety - TV News »

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