http://priceonomics.com/the-economics-of-a-hit-tv-show/
"Few industries would routinely pay millions per unit of an item, sight unseen,
with minimal (and sometimes no) market research. So how can the TV business
afford to operate this way? To understand the economics of scripted television,
we need to examine the idiosyncratic journey of a show from concept, to pitch,
to script, to screen. And we’ll see why, in a business where only a few hits
stand out any given year, lavish spending is the cost of staying relevant."
Great article explaining why TV shows are so expensive.
Share and enjoy,
*** Xanni ***
—
Andrew Pam
Partner, Glass Wings
http://glasswings.com.au/
