No one is feeling the pinch of strike-related production delays more acutely than the broadcast networks, whose fall schedules have all heavily shifted to reality and alternative programming as the strike has upended any chance of getting scripted shows back by September.
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RELATED: Peak TV Has Peaked: From Exhausted Talent to Massive Losses, the Writers Strike Magnifies an Industry in Freefall With a big-money deal comes high value expectations, and if companies are looking to reduce costs, cutting back even more on such deals is one way to do so.
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It is not always cut and dried and the pandemic created many hurdles, such as when Mike Schur landed a series order for a “Field of Dreams” series under his deal at Universal Television only for it to be scrapped at Peacock. While some have managed to produce massive hits, others have produced hardly anything at all. Weiss and Phoebe Waller-Bridge signing multiyear deals with eye-popping price tags.īut fast forward to 2023, and many of those deals have not paid off. Other platforms soon followed suit, with big names like Seth MacFarlane, Taylor Sheridan, David Benioff and D.B.
Netflix upped the ante with its mega showrunner deals. And that means competition for writing slots on fewer shows will be intense - a fear that is at the heart of the WGA’s contract demands at a pivotal moment for TV.Īnother area where the streamers and studios will surely make deep cuts once the WGA dust settles is the overall deal market. It’s highly unlikely that premium TV outlets will return to a 22-episode standard. Writers are paid by the episode, which means that the drop in standard season episode counts hits scribes in the pocketbook. Now, an eight- to 10-episode season is largely the standard some series produce even less per season. And then of course there’s just so much garbage.”Įxacerbating the compensation issue for writers is that episode counts have been reduced dramatically in the streaming era compared with the old days of broadcast television, when one season would consist of 22-24 episodes. “There’s good stuff that doesn’t get seen and doesn’t get marketed. “I think it’s necessary,” another top tenpercenter observes. Insiders candidly admit that a reduction in the overall number of series produced each year is not a bad thing for the biz. The volume drop will continue on “a downward trend until stock prices have turned around in the media sector,” he added.Īlso Read: Peak TV Has Peaked: From Exhausted Talent to Massive Losses, the Writers Strike Magnifies an Industry in Freefall One talent agency partner who spoke with Variety said he expects to see an immediate 10% drop from 2022’s record-high 599 scripted series produced by major U.S. Given all these factors, FX chief John Landgraf’s long-standing prediction of a major contraction in the number of scripted shows in the marketplace will finally come to pass.
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