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NBC has signed a deal with Viacom Inc.’s Paramount studio
that will keep the award-winning comedy Frasier on the air for three
more years.
The move ends speculation that Paramount might take the long-standing
comedy to a rival network.
Talks between the Peacock Network, owned by General Electric Co. (GE),
and Paramount had been scheduled to end last Thursday, but the two
parties agreed to keep negotiating through Monday. In the end, NBC
agreed to pay a “less than 10% increase,” in the program’s per-episode
license fee, said Scott Sassa, NBC’s West Coast president, during a
conference call with reporters Tuesday.
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