LogFAQs > #893182681

I've been reading some articles this week about the glut of content being created thanks to the growth of the Netflix bubble.

http://www.indiewire.com/2017/08/peak-tv-fx-scripted-series-tally-2017-1201865111/
http://variety.com/2017/digital/news/too-many-shows-peak-tv-overwhelms-viewers-survey-finds-1202606620/

It's crazy to think that the price to create an hour of scripted drama has doubled in the last few years, but furthermore Netflix said in October it plans to spend up to $8 billion on content next year. Which is to say a content bubble may be formingso long as Netflix keeps driving up the prices.

With Disney planning to vacate Netflix for its own streaming service within the next couple years, and CBS pushing its service, HBO putting a premium on its side... I really wonder if there is going to be a burst that kills television and streaming as we know it. Prices will rise to continue funding the creation of content so streaming services can have the edge and advantage over one another, and networks are fumbling to keep up while losing live audiences.

I'm very curious because while an increase in the need for content allows new voices to reach audiences, it also gluts the market. It dilutes the potential pool for viewers. And it's weird to think that a show is successful if it can keep three million viewers. Ten to fifteen years ago, that number would be an immediate cancellation on one of the Big Four networks.
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"Reading would be your friend." ~Dave Meltzer