After much anticipation, Nashville fans can breathe a deep sigh of relief. The television series will return for a fifth season, which will now be broadcast on CMT and streamed on Hulu. According to the Tennessean, the unique deal was reached on Thursday, June 9 after weeks of negotiations.
A vital part of the deal is an incentive package that will see the state of Tennessee, the city of Nashville, the Nashville Convention and Visitor’s Corp. and Ryman Hospitality chip in funds to offset the show’s production.
The state has allocated $8 million into its budget for production, while Nashville Mayor Megan Barry proposed a $1.375 million fund for film incentives. These incentives were justified by both the state and the city saying that the show’s popularity has increased tourism which has brought millions of dollars into the local economy, not to mention the steady stream of employment.
The production of Nashville has offered job opportunities to hundreds of workers behind the scenes. In season two, the local payroll was around $21.2 million. Additional revenue streams have been created in conjunction with the series such as music licensing and live tours.
The entire cast is expected to return for the show for season five, which will be led by a new creative team.