SUBMITTED BY SpySoldier
September 18, 2001 — "ABC and Turner Broadcasting's TNT/TBS reinforced their stance as the most aggressive buyers of theatrical movies, ponying up $25 million for rights to screen summer blockbuster "Jurassic Park III," says Variety.
ABC will shell out about $15 million for the first crack at "JP III, getting the initial four runs over 21 months, beginning in February 2004.
After a rest period for the second pay TV window on Starz!, Turner will fork over $10 million to get its runs of the blockbuster in November 2006 for a 3-1/2-year exclusive window during which the movie will shift between TNT and TBS.
The $25 million license fee factors out to less than 15% of the picture's domestic gross, which will probably end up at a healthy $180 million. The 15% figure used to be the standard for a theatrical movie in the network window."
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