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NBCUniversal, Dick Wolf in Talks to Transform Oxygen Into Crime-Centric Channel (EXCLUSIVE)

NBCUniversal and prolific producer Dick Wolf are in discussions about turning the Oxygen cable channel into a crime-centric outlet anchored by Wolf’s Universal TV-produced drama series.

Sources cautioned that the discussions are still in the early stages and that a formal deal may not come together. It is understood that Wolf might wind up with a small equity stake in the revamped channel.

NBCUniversal declined to comment. A rep for Dick Wolf also declined comment.

The discussions are a sign that even the largest cable programmers are feeling the pressure when it comes to under-performing channel assets. Oxygen has been in a ratings slump with few buzzy series to draw attention. In primetime, the network is down 12% in adults 18-49 — and 13% in women 18-49 — from 2015, in Nielsen’s live-plus-seven ratings. Its average primetime draw is 228,000 total viewers, with 99,000

Read more at: http://variety.com/2016/tv/news/nbcuniversal-dick-wolf-oxygen-crime-channel-1201940020/