For some TV networks, the Golden Age of Television is losing its luster.
MTV, A&E and WGN are all cutting back on high-end productions after failing to attract big enough audiences in an increasingly crowded landscape.
Their decision to retreat from non-reality series suggests a reckoning may loom for other networks and the studios that make shows. Last year, the industry produced a record number of original scripted programs — a total of 455. John Landgraf, head of the FX network, has warned of a glut that he’s labeled “peak TV,” arguing the networks and streaming services are making more than viewers can watch.
Image courtesy of Ad Age.
