
"2023 Marks the End of Peak TV with Dramatic Drop in Scripted Series Releases"
Reports from Ampere Analysis and Luminate confirm a significant decline in the volume of scripted TV series being ordered in the U.S., with the number of series titles falling to 481 in 2023, down from 633 in 2022 and 2021. The decline is attributed to a combination of strike action and a downturn in the original content boom, leading to a sharp drop in series orders. Streamers, particularly Netflix, reduced their releases, while global streamers ordered more shows from outside the U.S., indicating a shift towards internationalization in the TV industry.

