SPA: format licensing business class

What do producers need to know to ensure the best deals are being made? What is a format and what are format rights anyway?
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We are entertaining Australian audiences with Australian versions of international television formats, with programs such as the hugely popular The X Factor, Australia’s Recipe to Riches and Grand Designs Australia (FremantleMedia Australia).

We are also entertaining international audiences with our own television formats with the recent surge by other territories to remake original Australian television programs such as A Moody Christmas, Rake, The Slap and Lowdown. These opportunities in format transactions are making headlines, but what goes on in the negotiations? What do producers need to know to ensure the best deals are being made? What is a format and what are format rights anyway?

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ScreenHub​ is the online home for emerging and experienced Australian screen professionals.