TV Studio Bosses On Death Of Peak TV, Hollywood Contraction & Lamenting Loss Of Shows Such As ‘American Born Chinese’ & ‘Primo’ – ATX
31.05.2024 - 22:25
/ deadline.com
Peak television was officially declared dead earlier this year when FX boss John Landgraf revealed that the number of scripted series on air in 2023 dropped 12% from the previous year – the first reduction in over a decade.
A collection of television studio bosses gathered in Austin to talk about the “strain” of producing so many shows – 600 in 2022.
Karey Burke, President, 20th Television, Nicole Clemens, President, Paramount Television Studios, Lisa Katz, President, Scripted Content, NBCUniversal Entertainment, Katherine Pope, President, Sony Pictures Television Studios and Erin Underhill, President, Universal Television, discussed the topic, as well as the contraction over the last twelve months in a panel at the ATX Festival in Texas.
“We’re on the other side of it,” said Burke. “I never want to celebrate the loss of opportunity but I think we all felt the strain of 600+ television shows in the marketplace and not being able to get the eyeballs. Shows would come and go so quickly. It’s tough for the audience, it’s not fair to the creators because platforms don’t have the marketing dollars for 600 shows. It feels like a natural and healthy correction. I understand that it’s scary, any time there’s a contraction it can be concerning but I do look at the bright side. I’m optimistic that we’re still going to make a lot of amazing television, we’re just going to have more time to do it and have more resources to support it.”
Sony’s Pope said short orders and the volume of shows impacted the overall television business.
“The reason you go into TV, as opposed to film, is the novelization format. It’s the fact that characters get to grow and take baby steps forward and baby steps back over a long period of time. To not