After years of concern over the overwhelming number of television shows on the air, FX Networks chairman John Landgraf announced at the Television Critics Association winter press tour that the era of “peak TV” has come to an end.
Landgraf stated that the number of new scripted series in the U.S. decreased from a record high of 600 in 2022 to 516 in 2023, attributing part of this decline to the writers’ and actors’ strikes last summer and fall. He also indicated that the oversaturation of television production was unsustainable and overwhelming for audiences.
The decline in the number of new scripted series was further attributed to the industry’s shift in priorities from streaming scale at any cost to profitability. Landgraf predicted that this trend will continue after the strikes, leading to the cancellation of numerous projects and series.
Furthermore, networks and streaming platforms have faced criticism for rolling back diversity efforts and canceling a disproportionate amount of shows from creators of color. Landgraf expressed his concern about diversity across the industry but highlighted the potential for networks to invest in diverse programming and creators, emphasizing the importance of authentic representation.
In conclusion, Landgraf and FX Networks remain committed to diversifying voices and stories, with a focus on changing the composition of staff and decision-makers to reflect a more inclusive society.
Historically, the television industry has experienced significant growth in the production of scripted series, leading to concerns about oversaturation and sustainability. The recent decline in new scripted series marks a shift in the industry’s priorities, with an emphasis on profitability and diversity.
As the television landscape continues to evolve, it is essential for industry leaders to prioritize authentic representation and inclusive storytelling to meet the diverse needs of audiences. Additionally, ongoing efforts to diversify the composition of staff and decision-makers will contribute to a more inclusive and representative media landscape.
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