Bye-bye, Peak TV. After more than a decade of unprecedented production growth, the international television industry is bracing for an era of tighter budgets and more bean counting.
“Instead of subscriber growth at all costs, now the focus is on production and investment and getting the balance sheet right,” says Cathy Payne, CEO of Banijay Rights, the sales arm of the production giant behind reality TV hits Big Brother and high-end dramas Peaky Blinders and Black Mirror. “I hate using the phrase because everyone says it, but the focus now is on ‘fewer, better, bigger shows.’ ”
The variety of shows on offer at this year’s global TV market in Cannes, MIPCOM, suggests every buyer, at every budget, should find something to fill their slots. And while THR’s annual hot list of the market’s best new drama series ranges from a by-the-book NBC procedural to an erotic comedy...
“Instead of subscriber growth at all costs, now the focus is on production and investment and getting the balance sheet right,” says Cathy Payne, CEO of Banijay Rights, the sales arm of the production giant behind reality TV hits Big Brother and high-end dramas Peaky Blinders and Black Mirror. “I hate using the phrase because everyone says it, but the focus now is on ‘fewer, better, bigger shows.’ ”
The variety of shows on offer at this year’s global TV market in Cannes, MIPCOM, suggests every buyer, at every budget, should find something to fill their slots. And while THR’s annual hot list of the market’s best new drama series ranges from a by-the-book NBC procedural to an erotic comedy...
- 10/15/2023
- by Scott Roxborough
- The Hollywood Reporter - Movie News
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