Posted 1/19/2024, 4:38:53 PM
FX Chief Predicts End of Peak TV Era as Scripted Series Drop 24% in 2023
- John Landgraf, president of FX, predicted 2022 would be the "high watermark" for peak TV era, with scripted series dropping 24% in 2023
- Factors impacting decline include downturn in original content boom and fewer series orders, especially from streaming services
- In 2023 there were 481 scripted series released, down from over 600 the previous 2 years
- When Landgraf coined the term "peak TV" in 2015, he expected a decline after 2016 which didn't happen until now
- While there are still more viewing options than 10 years ago, paradox of choice now lies more with proliferation of platforms rather than volume of shows