FXX, Fox’s new youth-oriented cable spinoff of FX, has picked up cable rights to The Simpsons. The major significance of the deal is that full digital rights were also sold to FXX, and the 530 episodes to date of The Simpsons will now become available on demand through FXX’s forthcoming mobile streaming app FXNOW.
20th Century Fox TV initially asked for $1.5 million per episode. After a bidding war between multiple networks, they ended up receiving around $1.25 million per episode. Both FXX and 20th Century Fox TV are owned by the same parent company 21st Century Fox. However, syndication rights to the show are also owned by the show’s creators and producers like Matt Groening and James L. Brooks who will profit handsomely from the deal. Read more details about the deal in Wall Street Journal and Deadline.com.