The twists and turns that this story takes! It was reported yesterday (on the front pages of the Globe and Mail and National Post, no less) that CTV had stepped up to the plate, so to speak, and bought the rights to the Hockey Night in Canada theme song, reportedly for $2.5 - $3.0 million. The deal struck with Ms. Dolores Claman gives CTV the rights to use the theme song “in perpetuity” for their TSN and RDS broadcasts. It was also reported that CTV had, just days earlier, reached agreement with the NHL on a six-year deal to broadcast 70 NHL games per season on TSN.
So, you might ask, just how much was the CBC paying Ms. Claman for the use of her theme song on HNIC broadcasts? It was also reported that the CBC was paying $500 each time the theme song was played, as well as “other undisclosed fees”. Over an 85 game HNIC schedule and assuming that the theme is played twice per game, that works out to be $85,000 per year! Peanuts, you might say!
What if the CBC had decided to buy the rights to the theme song, as CTV has done, “in perpetuity”? How much should they have been willing to pay? At the paltry sum of $500 per use, over an 85 game season for 100 years, and assuming that Ms. Claman (who I presume is a retiree) would be happy earning the 30-year T-Bill rate of interest (currently 4.17%), the present value of this 100-year income stream is approximately $2 million.
Now, I have no way of knowing whether this would have been acceptable to Ms. Claman – perhaps she considered $500 per use of the theme song much too low – but it seems that the CBC missed out on a golden opportunity to secure the rights to the much-beloved HNIC theme song at a perfectly reasonable price. Instead, CTV put a move on the CBC that left the CBC standing at the blue line with their shorts around their ankles. Good on yer, CTV!
I realize that the last two blog entries have been somewhat off-topic, given that this blog is devoted to protesting the demise of classical music on CBC Radio Two, but is there any better illustration of the mismanagement of the CBC than this most recent fiasco?
Showing posts with label Hockey Night in Canada theme. Show all posts
Showing posts with label Hockey Night in Canada theme. Show all posts
Wednesday, June 11, 2008
Monday, June 9, 2008
The gang that couldn’t shoot straight
In my April 28 2007 blog entry, I speculated on the probable result of a decision by CBC TV to cancel “Hockey Night in Canada”. Of course, I was being facetious and never expected such a thing to happen, but one should never underestimate the CBC management team!
While the CBC has not taken that drastic action (just give them time!), they have done something that is equally likely to raise the ire of Canadians. Of course, I am referring to the decision by the CBC to replace the Hockey Night in Canada theme song with a song to be chosen in a contest, to be held later this year. Apparently the CBC cannot come to an agreement with the song’s composer, Ms. Dolores Claman, on appropriate remuneration for the use of the song during broadcasts.
In the week or two since this decision was announced there have been newspaper articles published bemoaning the loss of our cultural heritage, letters written to the editor of our national newspapers, petitions started, perhaps even protests in the streets by now (I was away on vacation for the last two weeks, so I’m not fully up to date on all the news). Sound familiar? Well, of course it does! The CBC has managed to alienate hockey fans nearly as much as they have alienated their classical music fans. This is no mean feat, given that these groups are often (not always, of course) widely divergent in tastes and interests. Who is left in the current or former CBC audience for the CBC to annoy? The “Friendly Giant” fan club? (Oh, sorry, I forgot that the Friendly Giant fan club is already pissed off by the CBC’s use of Rusty the Rooster and Jerome the Giraffe in a 2007 Gemini awards skit which showed the two smoking, drinking and having sex. I wish I was making this stuff up, but I’m not.)
In a recent article in the National Post, it was said that “Scrapping a TV theme song is like losing a good friend”. Robert Gjerdingen, a professor of music theory and cognition at Northwestern University in Illinois, was quoted as saying “The theme song becomes like someone in your family. It’s like meeting somebody you know. So if the song is like your friend Bill [and is cancelled], suddenly it’s like ‘Where’s Bill? Who took Bill’”?
Well, exactly. What if it’s not just the theme song? What if it’s the entire program? Such as “Music for a while”, for example? Or “In Performance”? For the CBC Radio Two listeners, cancellation of these shows is similar to losing a member of the family.
If we weren’t all being affected by these missteps taken by CBC management, it would be great fun to sit back and watch how they could further screw up the corporation.
While the CBC has not taken that drastic action (just give them time!), they have done something that is equally likely to raise the ire of Canadians. Of course, I am referring to the decision by the CBC to replace the Hockey Night in Canada theme song with a song to be chosen in a contest, to be held later this year. Apparently the CBC cannot come to an agreement with the song’s composer, Ms. Dolores Claman, on appropriate remuneration for the use of the song during broadcasts.
In the week or two since this decision was announced there have been newspaper articles published bemoaning the loss of our cultural heritage, letters written to the editor of our national newspapers, petitions started, perhaps even protests in the streets by now (I was away on vacation for the last two weeks, so I’m not fully up to date on all the news). Sound familiar? Well, of course it does! The CBC has managed to alienate hockey fans nearly as much as they have alienated their classical music fans. This is no mean feat, given that these groups are often (not always, of course) widely divergent in tastes and interests. Who is left in the current or former CBC audience for the CBC to annoy? The “Friendly Giant” fan club? (Oh, sorry, I forgot that the Friendly Giant fan club is already pissed off by the CBC’s use of Rusty the Rooster and Jerome the Giraffe in a 2007 Gemini awards skit which showed the two smoking, drinking and having sex. I wish I was making this stuff up, but I’m not.)
In a recent article in the National Post, it was said that “Scrapping a TV theme song is like losing a good friend”. Robert Gjerdingen, a professor of music theory and cognition at Northwestern University in Illinois, was quoted as saying “The theme song becomes like someone in your family. It’s like meeting somebody you know. So if the song is like your friend Bill [and is cancelled], suddenly it’s like ‘Where’s Bill? Who took Bill’”?
Well, exactly. What if it’s not just the theme song? What if it’s the entire program? Such as “Music for a while”, for example? Or “In Performance”? For the CBC Radio Two listeners, cancellation of these shows is similar to losing a member of the family.
If we weren’t all being affected by these missteps taken by CBC management, it would be great fun to sit back and watch how they could further screw up the corporation.
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