Tuesday, April 28, 2015
Oxford Dictionary definitions:
Tier: “a row or level of a structure, typically one of a series of rows placed one above the other and successively receding or diminishing in size”Package: “combine (various products) for sale as one unit”
Given the rapidly evolving media landscape, multi-year programming contracts (usually 5+ years in length) are incredibly complex documents that attempt to plan for unforeseeable changes throughout the industry. Making matters even more complicated is the fact that the exact terms of programmer contracts are highly confidential, with most industry participants only talking publicly in generalities.
