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Peak Tv

All articles tagged with #peak tv

entertainment1 year ago

"Decline of Peak TV: Hollywood's Great Contraction and the End of the Streaming Wars"

FX chairman John Landgraf revealed that the number of original scripted series on U.S. broadcast, cable, and streaming services dropped to 516 in 2023, down 14% from 2022's record of 600, marking the most significant dip since FX started its tally over two decades ago. Landgraf attributed this decline to the impact of the writers' and actors' strikes, as well as a shift in industry priorities towards profitability in the streaming age. This marks the end of the peak TV era, as Landgraf had predicted, with the number of shows on TV experiencing non-stop growth since 2002, except for a pandemic-era dip in 2020.

via Variety|
#entertainment#fx#peak-tv
entertainment1 year ago

"The Decline of Peak TV: Hollywood's Original Series Numbers Drop for the First Time in a Decade"

FX CEO John Landgraf announced a 14 percent drop in the number of U.S.-produced scripted original series for 2023, marking the end of the Peak TV era. The decline is attributed to production delays caused by strikes and a shift in focus towards profitability by major streamers. This content contraction has led to numerous show cancellations and the conclusion of long-running scripted shows, as media companies re-evaluate their needs and cut costs.

via Hollywood Reporter|
#entertainment#fx#peak-tv
entertainment2 years ago

"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.

via Hollywood Reporter|
#entertainment#internationalization#peak-tv
entertainment2 years ago

"TV Premieres Plummet as Strikes and Cost-Cutting Take Toll on Filming in 2023"

A report by data firm Luminate reveals that the number of TV program premieres in 2023 dropped by 21% compared to 2022, with a total of 1,784 premieres. This decline is attributed to labor strikes and industry cost-cutting measures. The decrease in premieres was most notable in comedies and dramas, while unscripted and animated series saw smaller declines. The effects of the strikes and cost-cutting may continue into 2024, potentially signaling the end of the Peak TV era.

via Hollywood Reporter|
#cost-cutting#entertainment#labor-strikes
arts2 years ago

"Succession's Emmy Dominance Marks the End of an Era in Television"

The recent Emmy Awards marked the end of an era for the so-called Peak TV, with many nominated shows having farewell seasons. The ceremony felt like a bookend to the streaming era, as the number of TV programs in the U.S. has declined after years of growth. Studios and networks have slowed down on ordering new series due to concerns about profitability, streaming service expenses, cord-cutting, and a soft advertising market.

via The New York Times|
#arts#emmys#peak-tv
tventertainment2 years ago

"Reservation Dogs: A Game-Changing Indigenous TV Series"

The series finale of "Reservation Dogs" marks the end of a radical era in post-prestige television, as the show closes the circle on the Rez Dogs' journey and explores themes of growth, healing, and community. The dramedy, led by Native American creatives, stands out as a singular work of art in a TV landscape dominated by franchises and marquee dramas. However, the future of shows like "Reservation Dogs" and the small moment for Native storytelling on TV remains uncertain amidst industry strikes, mergers, and a shift towards safe IP pitches.

via Vulture|
#native-american-storytelling#peak-tv#reservation-dogs
entertainment2 years ago

The Writers Strike: Magnifying an Industry in Freefall

The ongoing writers strike in the TV industry has shed light on the challenges posed by the rapid growth of streaming platforms. The surge in episodic production has stretched the talent pool and strained the balance sheets of major media companies. With legacy media struggling and streaming losses mounting, the timing of the strike couldn't be worse. The strike's impact on delayed shooting schedules and the already declining number of scripted series orders is expected to reshape the TV content landscape. As Hollywood faces financial instability and potential mergers and acquisitions, the industry must address issues like streaming revenue and the future of AI in creative spaces to navigate the transition to streaming platforms successfully.

via Variety|
#entertainment#hollywood#peak-tv