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29 October 2014
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13.01.04


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大象传媒 Code of Practice approved by Ofcom


The 大象传媒's new Code of Practice for commissioning programmes from independent producers has been approved by Ofcom.


A requirement of the Communications Act, the codes - developed by the 大象传媒 as well as ITV, Channel 4, five and GMTV - will create a new framework that will serve both broadcasters and producers and enhance the creative and economic potential of the UK television industry.


The intention of the code is to ensure that relations between the 大象传媒 and independent producers are conducted on a fair and transparent basis.


The new framework will provide independent producers with greater opportunities to retain rights in the programmes which they produce and, if they wish, to develop those rights for their own purposes.


The key element of the 大象传媒's new code is a "transfer of value" to the indies. The 大象传媒 will pay the same amount for programmes but will retain fewer rights for onward sale and exploitation.


The 大象传媒 will now negotiate the terms of trade with PACT (the Producers Alliance for Cinema and Television).


Until these are agreed at the end of March, the 大象传媒 will put letters of trust into place ensuring production companies that all new deals from 6 January 2004 will be dealt with under the new code.


Sara Geater, 大象传媒 Director of Rights and Business Affairs, said: "We very much welcome Ofcom's approval of our Code. We hope this will be a significant development in our relations with independent production companies and it is one which we have worked very hard to achieve."


Elaine Bedell, the 大象传媒's Independent Executive, commented: "This is a big step forward. By buying a primary rights package - a fixed price deal - all details can be established at an early stage which is mutually beneficial to both the 大象传媒 and to independents."


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