Here's Why A Hit TV Show Is Worth Millions Less Than It Used To Be | Forbes

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  • čas přidán 23. 07. 2024
  • Producing a hit TV series like The Bear was once a path to serious riches for its cast and creators. But in another massive entertainment shift, developing groundbreaking shows is worth hundreds of millions less than it used to be.
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Komentáře • 331

  • @sutats
    @sutats Před 15 dny +609

    There's exponentially more shows being produced compared to decades ago so there's a significantly smaller share of the pie to go around.

    • @zephaniahmcdaniels
      @zephaniahmcdaniels Před 15 dny +34

      It's about the same actually, the more indie stuff wasn't as accessible as it is now. The internet is the great equalizer.

    • @rosebalm8498
      @rosebalm8498 Před 12 dny +17

      Plus other forms of entertainment like CZcams and Tik Tok.

    • @Spawny500
      @Spawny500 Před 12 dny +15

      imagine having about 6 channels, forced TV commercials, and you had to watch a program only when it was on at that time.

    • @stache1954
      @stache1954 Před 12 dny +5

      @@Spawny500 And stations used to shut down between midnight and 5 AM.

    • @brokeduece1691
      @brokeduece1691 Před 12 dny +6

      CZcams shorts is to blame... Once I start I can't stop scrolling, it's an addiction

  • @cherylrleigh1912
    @cherylrleigh1912 Před 15 dny +229

    I always choose the ad-free tier because I've become highly sensitive to ads, which ruin my viewing experience. It's mind-boggling that the cast of "Friends" earned $17.5 million in residuals in 2023, even though the show ended 20 years ago. The syndication model of a generation ago wasn’t just a bonus for the casts and creators of hit shows; it was their lottery, guaranteeing life-changing wealth. For what it's worth, $1,000,000 in 2004, when "Friends" ended its run, is equivalent to $1,662,620.43 today.

    • @CitizenKen1
      @CitizenKen1 Před 11 dny +10

      Exactly, that puts all this in the realm of capitalizing on an opportunity at the right time rather than creating an expectation. If networks, studios and actors are treating this as the expectation then they are in for a rude awakening in today's fierce competition in the so called "attention economy."

    • @MrMadvillan
      @MrMadvillan Před 11 dny +3

      if you wanted ad free Tv you paid outrageous amounts. The difference now is that all the streamers are subsidizing you watching experience, except for youtube - you still don’t pay for that are are happy to watch ads. Funny enough youtube has already won the streaming war, bc netflix should be 125$ pre month, no 16$. They are stupid for following the start up model(scale first, profit later).

    • @simshengvue4642
      @simshengvue4642 Před 2 dny

      You explained why shows are worth nothing now. People like you don’t want ads, so there’s no money to be made except for subscriptions which makes shows get way less money

    • @ThabengBohopa
      @ThabengBohopa Před 3 hodinami

      999

  • @gabz91110
    @gabz91110 Před 13 dny +361

    so 750k per episode for a show that is 10 times less popular than Friends.. sounds like he's doing pretty well. Friends is not a industry standard... its the most lucrative serie deal with actors in history. Friends cast was paid 22k per episode the first year. Jeremy was paid 350k the first year of Bear.
    Friend was the most watched tv show every year for an entire decade. The bear is not even in the top 20 most watched shows of the year… its like saying players in the nba make more than in the European league… those two shows are not in the same league.

    • @ohidalgoe
      @ohidalgoe Před 12 dny +21

      "Friends" is from the 90's

    • @savioblanc
      @savioblanc Před 12 dny +40

      Also, the actor who played Ross, David Schwimmer was going to be paid a lot more than the rest of the cast.
      The lowest paid were the actors who played Joey and Phoebe.
      This was how all the cast were paid across TV networks.
      David fought to have all the main cast members paid the same or they would all collectively walk out.
      Most shows and their cast do not have that kind of bargaining power.
      Friends was a fluke in an industry that is not a fan of collective bargaining.

    • @hiskishow
      @hiskishow Před 12 dny +19

      That's interesting! Also if you can't retire on 7 million dollars.. well maybe your standards are a bit high 😂

    • @scottg.g.haller3291
      @scottg.g.haller3291 Před 11 dny +14

      The other key number you're neglecting is that TV shows like Friends generated 20 or so episodes per season and would dependably renew every year. Modern streaming shows only produce 8-10 episodes per season and even if they're a hit aren't guaranteed to return right away. The previous standard provided steady employment for the cast and crew. This brave new world is more erratic and can't sustain careers the same way.

    • @sekehi3
      @sekehi3 Před 11 dny +7

      There is always that one guy that questions why people want to be paid more at work. “They got it good enough”- everyone should want to be paid more for their labor- the owning class gets endless money- god forbid the labor/ talent wants more

  • @IL_Bgentyl
    @IL_Bgentyl Před 13 dny +101

    Huge issue is production companies typically only use known actors when most people don’t care if it’s a certain actor they just want a good show. A easier example is games and anima. No one cares about someone famous voicing the characters. They just want good content. Stop going with safe overpriced actors and let new talent shoot their shot.

    • @SekundSun1986
      @SekundSun1986 Před 11 dny +8

      Wish Marvel would do this. Make stars, instead of leaning on them.

    • @hectorcastro8374
      @hectorcastro8374 Před 9 dny +1

      Viewers need to click on the show first before deciding if it's good or bad. That's why well known actors are chosen, to be clicked in the Sea of content.

    • @SekundSun1986
      @SekundSun1986 Před 9 dny +3

      @@hectorcastro8374 the show we're talking about proves that it's possible to get "clicks" based solely on quality though. The most well known if the main cast was Jeremy Allen White and he wasn't exactly a household name. I don't think Ebon Moss-Bacarach becomes The Thing without the exposure he got on the show. Marvel has taken chances in the past too. Chris Hemsworth and Chris Pratt. My point is that they could make these movies cheaper if they didn't have to pay an A list actor 20+ million per movie and find promising talent that will put everything they have into the role.

  • @denarendall
    @denarendall Před 14 dny +138

    Wow, the Friends cast hit the jackpot. Quite literally!

  • @Leto2ndAtreides
    @Leto2ndAtreides Před 13 dny +42

    In a way, the extra money would be going to the consumers, who are no longer paying $100-200 / mo. So that's billions of dollars back in their pockets.

    • @scalp340
      @scalp340 Před dnem

      Many people are paying that in streaming subs plus the cost of internet and some are still buying cable on top of that.
      In a way people are actually paying MORE money for entertainment than they were when Netflix was the only real option for streaming. Also, the amount of ads people are fed in their daily life has to be up from even 10 years ago for sure. It's real life Josie and the Pussycats!
      The model is very broken and everyone is getting screwed, except maybe the executives running these platforms. I see these platforms renting out their properties to each other, lining their pockets further and no one else (like the actual individual producers or the talent) sees a dime of that like they would with the classic model and in syndication.

  • @SkippyLaughlin
    @SkippyLaughlin Před 12 dny +32

    I miss longer seasons 😭. I don't care where I watch just give me longer episodes even if it's 16. 8 is way too little

    • @osaji922
      @osaji922 Před 9 dny +2

      Contrary to popular belief, network tv still exists. 22-24 episode seasons still exist.

    • @Turtlpwr
      @Turtlpwr Před 8 dny +1

      @@osaji922not enough of em.

    • @missladyanonymity
      @missladyanonymity Před 3 dny +1

      It doesn't seem like network shows are as long as they used to be. I saw an ep of 90210 that was maybe s03ep30, and i couldn't remember a show having 30eps per season.
      But i remember a strike circa scandal in production, because the season was shortened, then kerry Washington had a baby.
      Then recently covid and another strike. It doesn't feel like im getting 20ish eps per season.

  • @fotisxevgenis
    @fotisxevgenis Před 10 dny +11

    Jeremy allen White also has 'Shameless'. Main Cast, 11 seasons, 134 episodes. He IS FINE ! 😂

  • @user-zg1vm8ub7r
    @user-zg1vm8ub7r Před 13 dny +114

    This worries me. How will rich Hollywood actors and executives make enough money to own multiples houses that they'll rarely ever occupy?

    • @IL_Bgentyl
      @IL_Bgentyl Před 13 dny +15

      It’s almost like they will have to do it because they are creative and not just greedy. It’s nice their wages are coming down to reality.

    • @shinzoki3803
      @shinzoki3803 Před 12 dny +6

      the execs will still be paid a lot lmfao

    • @williamj.dovejr.8613
      @williamj.dovejr.8613 Před 12 dny +4

      If these guys were really smart, they would be putting roots down elsewhere, not in California. It's beginning to squeeze the millionaire celebrity class now.

    • @Motshwane.Letsoalo
      @Motshwane.Letsoalo Před 12 dny +10

      This is such a weird take because it only focuses on the top actors. If talent pay is decreasing for those at the top imagine what's happening for the majority of talent who aren't at the top level. What's happening to the production staff? Yes the big name actors may still be making millions but best believe the guys at the bottom are being short-changed

    • @percyweasley9301
      @percyweasley9301 Před 10 dny

      ​@@Motshwane.Letsoaloexactly

  • @ktktktktktktkt
    @ktktktktktktkt Před 11 dny +30

    11:00 "Yes chef" isn't from the show though... it's pretty common in restaurant kitchens.

    • @simonnaughton2272
      @simonnaughton2272 Před 10 dny +2

      It feels like she asked questions that were poorly prepared. She didn’t listen to the answers at all either.

    • @whattowatchrightnow
      @whattowatchrightnow Před 10 dny

      it was pretty common 30 + years ago.

  • @criminalisticL3
    @criminalisticL3 Před 12 dny +17

    I’m not in the entertainment industry but one of the up sides to the new business model is that it’s easier to get a start in the industry due to the increased demand from consumers and that there are much few gate keepers in Hollywoo than there used to be.

    • @acidpandatv
      @acidpandatv Před 12 dny +5

      this is partially true - yes there are more shows and movies being produced but the gatekeeping in Hollywoo' remains the same. unfortunately it's a system dezigned for gatekeeping principles on the basis of job security - whether it's a working director who won't refer you to their agent in case you get a job over them, or an executive who won't greenlight your original project out of fear for losing their job if it were to fail. and because there are more movies and shows being produced, there's less of a chance your show will get another season because the studio is inclined to diversify their budgets by betting on one of the many shows they make, being a hit. so there's less money going around in the pockets of the filmmakers, but maybe more for shareholders if more people flock to the streaming service to watch said hit show.

    • @justinmwilcox
      @justinmwilcox Před 10 dny +6

      I was literally just writing a whole thing about how and true this was and you've done a great job. I also would like to add that there was actually far less work. Not just 22 episodes now it's generally 8 to 10. Those episodes don't pay nearer is what they used to in residuals so you've got to try to get twice as much work. Add that with all the self tapes happening all over the world instead of the best 300 they could find that would be able to show up for the audition. Now they see thousands of tapes... If they even watch all of them. Much much harder to sustain now than it has been in the past.

    • @criminalisticL3
      @criminalisticL3 Před 9 dny +1

      Dang that’s unfortunate to hear. I wasn’t clear in my initial post but I was mostly think about how various minority groups (or just different social groups in general) have a easier time getting the industry then before because now that can make more targeted content. Again, thats just what I heard from podcast and stuff so not my personal experience.

  • @zippymufo9765
    @zippymufo9765 Před 10 dny +27

    Using FRIENDS as a benchmark standard is a little ridiculous, because it was a mega hit......not just successful, but successful on a level that's like hitting the lottery.

  • @gshak33
    @gshak33 Před 11 dny +9

    Friends, Sienfield, The Office, Parks & Rec - many of those cast members have made more money since their TV shows wrapped than they ever made while making it.

  • @GnomesRox
    @GnomesRox Před 9 dny +5

    I work with kids, and a fair amount of them don't watch TV. And the ones that do, they either watch anime or older classics that have a huge catalogue with 20+ episode seasons. They're citing shows I watched when I was younger, it's so bizarre lol.

    • @osaji922
      @osaji922 Před 9 dny +1

      What shows are they watching with 20+ episode seasons? I'm curious because I've always been into sitcoms.

    • @GnomesRox
      @GnomesRox Před 9 dny +3

      @@osaji922 The Office, Friends, Gilmore Girls, Gossip Girl. Breaking Bad is popular too, but I guess that's technically less than 20 episodes.

  • @williamtendo7835
    @williamtendo7835 Před 14 dny +39

    The morning show Jennifer Aniston and Reese Witherspoon were making $2M per episode, so name recognition is still valued to some extent, also advertising is creeping into streaming slowly..

    • @savioblanc
      @savioblanc Před 12 dny +9

      Jennifer Aniston had a connection to the industry through her father, who was a soap opera actor and she collectively bargained with studio executives, with the help of David Schwimmer, to have all the Friends cast be paid $1m per episode, a huge sum back in the 90s.
      Reese Witherspoon literally owns her own production company, that is valued at a billion dollars+, which creates her shows and then she stars in them.
      Both women are outliers in the industry, not the norm

    • @Jamietheroadrunner
      @Jamietheroadrunner Před 10 dny

      Apple like Prime will pay through the nose for A-listers because they can. Remember, Apple is the only company on earth with $200 Billion in CASH. Even a movie star that has a $20 million per movie quote like Jennifer Lawrence is nothing to them.

  • @huntress1013
    @huntress1013 Před 11 dny +9

    In the past we had a couple of channels and we all watched the same stuff...now it is the same thing as with music. There is so much we can choose from, which means that nothing I listen or watch is the stuff that even friends and family watch.

    • @osaji922
      @osaji922 Před 9 dny

      Yup, we're more disconnected because now nobody watches or listens to the same things because of all the choices we have. That makes everything have less value because nothing can gain a big audience. But hey, streaming's the best, right? smh

  • @salman_babar
    @salman_babar Před 10 dny +6

    Such nativity. The model is not broken. The model is working exactly what it is designed to do. Take money from creators and pay it to investors.

  • @myplane150
    @myplane150 Před 2 dny +2

    Streaming is absolutely turning into traditional TV. They need to stop with the monthly charges if you watch with ads. It's expensive enough to pay for broadband that we don't need the extra charges. Makes me long for the old days.

  • @richardmurphy9006
    @richardmurphy9006 Před 13 dny +41

    The way things are going actors will have to pack a lunch box and thermos

  • @bobnob3496
    @bobnob3496 Před 10 dny +8

    We need to do something fast to make these rich actors even richer. Please double my subscription price so I can do my part.

    • @riccia888
      @riccia888 Před 6 dny

      Times are changing. Good actors is not enough in todays cinema. People want good art and u ique story telling such as Arcane.

  • @DerDudelino
    @DerDudelino Před 15 dny +36

    Couldn't it also be that something like Friends was very cheap to produce, because you shoot it at a studio lot - which is the Friends apartment. And the street in LA at Universal Studios which mimics New York. Leaving all the budget for crew, talent and studio. While a lot of recent tv shows are essentially byte sized movies. The production quality of Netflix and Amazon Prime is not far away from a Cinema Blockbuster.
    Friends requires very little Post Production, it doesn't has a lot of effects - the only ones I can think of is when they are driving in a car which is done in greenscreen. While a lot of current shows are action shows that need a giant amount of CGI.

    • @paullopez2021
      @paullopez2021 Před 14 dny +4

      Friends - cheap? That whole cast was making $1 million/episode each in the last few seasons. NBC lost money on the show, believe it or not.

    • @KK-pm7ud
      @KK-pm7ud Před 14 dny +7

      What the guy says in the video is broadly correct. And, no, Friends wasn't cheap to produce as the seasons progressed.

    • @steveisignup7549
      @steveisignup7549 Před 13 dny

      Sure, Friends was cheap (relatively) to produce. But you're missing the point - it's about revenue.

    • @YogaBlissDance
      @YogaBlissDance Před 12 dny

      True, Friends was always inside that apt.

    • @1986jon19
      @1986jon19 Před 12 dny

      True. The first seasons of Cheers never left the bar.

  • @chrisaguilera1564
    @chrisaguilera1564 Před 14 dny +49

    Streaming has significantly deluded the market.

    • @ironuckles
      @ironuckles Před 14 dny +29

      You mean diluted?

    • @good-tn9sr
      @good-tn9sr Před 11 dny +4

      Gives more people opportunity though…

  • @Dalilanotdelilah
    @Dalilanotdelilah Před 8 dny +2

    I have never even heard of the bear nor ever seen those actors.

  • @ethopathos
    @ethopathos Před 11 dny +31

    omg they said ‘yes chef’ was a saying from the bear. yikes.

    • @sepulfan02
      @sepulfan02 Před 18 hodinami

      Popularized in pop culture

  • @monabollii
    @monabollii Před 15 dny +21

    I believe the cast of Stranger Things' main cast is making a million per episode. So some shows are making Friends' money. But its not going to be syndicated.

    • @DueceSpice
      @DueceSpice Před 14 dny +2

      NO THEY ARE NOT..

    • @CamJames
      @CamJames Před 14 dny +7

      "i believe" is my favorite CZcams source citation

    • @IL_Bgentyl
      @IL_Bgentyl Před 13 dny

      Add in inflation and they arent

    • @Dularr
      @Dularr Před 10 dny

      The biggest barrier to making Frends money is the number of episodes. The two ST adult stars are making $9 million for 8 episodes.
      Friends was 22 episodes per season.

    • @SereneBobcat
      @SereneBobcat Před 10 dny +2

      This comment is the problem. Education is fucked. Did you not comprehend any of what you just heard? Friends cast earned 1 million per episode, then they earned two percent of the shows syndication profits which is till this day worth hundreds of millions of dollars, so the friends stars are still earning tens of millions of dollars a year. No one on Stranger things is earning that kind of money on that show currently or ever. Even if they earn one million dollars per episode. Friends was 24 episodes per season, Stranger things is 8 to 13 at most. The crazy thing is you wrote "But it's not going to be syndicated." Yes!! This means that they are NOT now or EVER going to make "Friends" money.

  • @monkeyrun
    @monkeyrun Před 9 dny +3

    people used to have to tune in at a certain time to watch a show with ads, and they had to get home at that specific time to watch it. nowadays the entire culture around watching TV just not how it was back in the days.

  • @billy3603
    @billy3603 Před 14 dny +58

    How’s he going to get by on only 750k an episode??? He’ll starve!!!

    • @benjamindover4337
      @benjamindover4337 Před 12 dny +7

      Most actors get paid $200 per day and are only hired for a couple of days per month.

    • @marclynch8059
      @marclynch8059 Před 11 dny

      Delusional day players but could you still get that call from Steven Spielberg?

    • @benjamindover4337
      @benjamindover4337 Před 11 dny +3

      @@marclynch8059 it's like saying "lottery players are making millions per ticket".. yeah, one of them did.

  • @joshuataylor6087
    @joshuataylor6087 Před 7 dny +2

    Would Friends have been as popular in 2024 with Google, Instagram, Tick Tock, CZcams, dating apps etc. etc. etc. etc? I think I might’ve only watched it back then because there was nothing else to watch. The Networks had a captive audience.

  • @fotisxevgenis
    @fotisxevgenis Před 10 dny +3

    the Bear has 28 episodes in total and the friends cast took 1M each per episode ony in the last three seasons. You are comparing apples and oranges here.

    • @NoNameNumberTwo
      @NoNameNumberTwo Před 6 dny

      Yeah, but the reporter also said that there’s no incentive for the streaming service to order 10 seasons of a show. Networks sell ads on each episode, streamers make money by increasing their subscriber base.

  • @davidsean290
    @davidsean290 Před 12 dny +6

    For the average person it’s hard to empathize with $ issues made by Hits shows and the people around them.

    • @Kevdre3000
      @Kevdre3000 Před 11 dny +2

      This is true, but it's not just Hollywood actors and filmmakers making crazy money. Look at professional athletes, billionaire CEO's and even "influencers" making the average person's annual salary for a single Instagram post. It's out of whack for sure.

  • @jonassevin9950
    @jonassevin9950 Před 10 dny +4

    It seems like comparing Friends to something more widely successful like Stranger Things, would be a better comparison.

    • @michaelahurt
      @michaelahurt Před 10 dny +2

      Yeah The Bear is probably closer to something like Breaking Bad which was critically acclaimed but wasn’t commercially successful or widely viewed

  • @badfoody
    @badfoody Před 10 dny +2

    I find it difficult to feel bad for The Bear cast earning 15x what the Average American makes
    But I will feel bad for other smaller shows

    • @michaelahurt
      @michaelahurt Před 10 dny +1

      That’s not the cast just the lead actor. Everyone else makes way less, especially the writers

    • @scifirealism5943
      @scifirealism5943 Před 10 dny

      ​@@michaelahurtthat's depressing.

  • @davidbiddle3257
    @davidbiddle3257 Před 5 dny +1

    The old guard creators made way too much money-that’s the real problem! The new actors aren’t working nearly as hard as their predecessors.

  • @charlesjablon1402
    @charlesjablon1402 Před 11 dny +2

    “Can’t retire off 7 and a half million” 😂

  • @PanteraRossa
    @PanteraRossa Před 18 hodinami +1

    Oh geez how are these people ever going to survive not making 10 million plus from work done 20 years ago??? Oh the horror!

  • @cybersphere
    @cybersphere Před 10 dny +1

    Streaming and just the massive abundance of options have shrunk the size of the pie per show.

  • @andyschwartz8808
    @andyschwartz8808 Před 8 dny +1

    How can investors be confident the studios are making good decisions when they claim they can’t even measure how much revenue is being driven by each show?

    • @CoolHand273
      @CoolHand273 Před 4 dny

      That is just what Netflix says to give themselves all the cards when negotiating with talent. It would take a supreme court decision to make them give up that information.

  • @Pschokid
    @Pschokid Před 11 dny +1

    Actors and other people within the field should 100% from day one be paid a living wage. But to expect and compare wage to friends is unrealistic. It's a low quality, low budget show aired at a time where option wasn't really a thing.

  • @gregmcevoy1
    @gregmcevoy1 Před 14 dny +1

    Very informative. Thank you!

  • @bbassnyyt
    @bbassnyyt Před 12 dny +2

    the shows were better because they really invested in their stories, characters, and talent. Money, and spending more money, will not make up for these things. its pretty simple. We need to spend less and get back to better TV...

  • @stereohype1
    @stereohype1 Před dnem

    The middleman has also been taken out of the equation which used to be 3rd party advertisers on the networks (eg: product commercials during the ad breaks) which helped fund the network's purchase investment to rent the show from the studio. Advertisers are now going elsewhere to reach eyeballs. (Eg: native digital advertising on websites, youtube etc). This is another reason why the money has dried up to produce these shows.

  • @daveclark8337
    @daveclark8337 Před 14 hodinami

    I only pay $1 to $2 per month for Hulu for at least 5 years now. So how could actors on a Hulu show expect to be highly paid?

  • @razorswc
    @razorswc Před 10 dny +1

    A real case of "when everyone is super, no one will be"

  • @blessup1454
    @blessup1454 Před 11 dny +1

    Well as an actor… this was definitely kind of depressing. But at the same time, we must adapt. Game on

  • @fotisxevgenis
    @fotisxevgenis Před 10 dny +1

    Syndication Works for shows like sitcoms where you play reruns of episodes out of order and no one cares and they will hapilly rewatch them. Serialised show will not work on syndication.🙌🙌

    • @michaelahurt
      @michaelahurt Před 10 dny +1

      No but people did buy DVD’s and Blu-Ray which generated a ton of revenue
      Family Guy did so well on the DVD market Fox brought it back after they cancelled it
      Game of Thrones season one sold 350k copies in the first week it was available. That’s probably $14 million

  • @JStephenYoung
    @JStephenYoung Před 7 dny

    "Before you and I started filming I 'haven't watched the Bear' but I even knew the phrase yes chef (kudos girlfriend) from the show.........................................so does sweeping award season transfer to financial success? WHAT?? Matt, kudos to you for not snorting laughter after this

  • @buckiemohawk3643
    @buckiemohawk3643 Před 5 dny

    They werent making a million dollars till the final couple of seasons. But they knew the show was very popular and they could make the money of it. The Hollywood system was to get 75 episodes for syndication and if you had over 200 and had syndication the actors were set for life

  • @LancesLens
    @LancesLens Před 12 dny +1

    Walter, Donny and The Dude in the picture behind him!

  • @taylor3022
    @taylor3022 Před 12 dny +1

    Thanks for the video

  • @omarzidjali
    @omarzidjali Před 10 dny +1

    damn, entourage had 96 episodes total. 4 episodes away from being syndication lmao

    • @michaelahurt
      @michaelahurt Před 10 dny +1

      HBO didn’t syndicate shows so it didn’t matter
      You had to buy the DVD’s to watch them again or just catch them randomly on HBO

    • @omarzidjali
      @omarzidjali Před 10 dny

      @@michaelahurt they did syndicate shows. I live outside the US where we don't have HBO and the episodes were on TV here. Not all of them but some

  • @starcrib
    @starcrib Před 8 dny +1

    Oddly: myself, and all of my friends, don't watch "shows"- vintage or not. Film's once and a while- but everything now is tic/ or Instagram. Everyone. ☄️

  • @jimvazques4980
    @jimvazques4980 Před 12 dny +2

    Bohooo he’s making 750 thousand instead of a million. I’m sick to my stomach

  • @hazelm3002
    @hazelm3002 Před dnem

    I wish seasons had a standard of 14 or 16 episodes per season

  • @markanderson7236
    @markanderson7236 Před 15 dny +10

    17:39 It's too early to tell. There might be a resurgence from the newer generation for all we know.

    • @phoenix5054
      @phoenix5054 Před 15 dny

      Gen Z cares less about scripted content than Millennials. This is why Hollywood is panicking. They are more interested in social media influencers than celebrities.

    • @DerDudelino
      @DerDudelino Před 14 dny +7

      Honestly, don't really know what they are talking about: 7.5M Dollars per season for the lead in The Bear is life changing money. An episode is like a couple days of work for an actor, 750K is what I would call really well compensated. I'm actually quite surprised it's so close to Friends compensation, which is a show that was much, much bigger in global audience.

    • @acidpandatv
      @acidpandatv Před 12 dny +1

      @@DerDudelino takes about a week to film an episode on average, but there's also prep, rehearsal, ADR, etc. $7.5M is the jackpot money if you get a hit show and you're at season 3. No one here is saying that $7.5M isn't good money it is - but will you get stock on something you put your life into and it works? It's unlikely. That's the difference between the current streaming model and previous television business.
      Also - you may never experience that kind of phenomenon again.

    • @DerDudelino
      @DerDudelino Před 11 dny +1

      @@acidpandatv I understand that. The residual model was absolutely fantastic for any creative. Could imagine the studios are able to negotiate a yearly retainer for shows to be on Netflix for example.

    • @hansmemling2311
      @hansmemling2311 Před 9 dny

      @DerDudelino Friend’s actors made 1,6 million per episode in todays money. That’s significantly more.

  • @departmentofdreams
    @departmentofdreams Před 14 dny +10

    It depends on the QUALITY of the show and how big of an AUDIENCE it can attract. If someone made a new Seinfeld or The Office today, they'd rake in money for decades.

    • @bsandmg
      @bsandmg Před 13 dny +1

      It’s hard to get to syndication and when they do the money is different now, upfront but later there’s money, or should be

    • @Davidsworldtravels
      @Davidsworldtravels Před 11 dny +4

      obviously not. They sign a deal w a streaming service and get no residuals. And it would be basically impossible to attract that level of audience with so many streaming services and shows. It's pretty clear that the business model now is completely different.

    • @marclynch8059
      @marclynch8059 Před 11 dny

      What year did residual stop?

    • @osaji922
      @osaji922 Před 9 dny

      No, they wouldn't. Viewership is completely split now because of all the options for entertainment. Even The Office, as popular as it was, coming on the heels of Friends and Frasier saw a way smaller audience and that was before streaming in like 2005. If a Seinfeld came out today, no matter where it was, it would be a critical darling with a small audience. Its pop cultural impact would be a footnote if it's lucky.

    • @departmentofdreams
      @departmentofdreams Před 8 dny

      @@osaji922 Netflix used to pay $100 million a year to license The Office, then NBC put it on their own streaming service exclusively.

  • @sepulfan02
    @sepulfan02 Před 18 hodinami

    There have been 28 total episodes of The Bear to date

  • @petertwining5729
    @petertwining5729 Před 8 dny

    Enjoyed the video, very thorough and interesting. Thankyou.

  • @Dashawn.B
    @Dashawn.B Před 10 dny +1

    Jennifer Aniston is getting 2 million an episode now from the Apple TV she’s doing now.

  • @qstillisabel
    @qstillisabel Před 10 dny +21

    From $2K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.

    • @cfcrushzendikh
      @cfcrushzendikh Před 10 dny

      I will forever grateful to you,you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Sophia

    • @mqboobsmargarita
      @mqboobsmargarita Před 10 dny

      I just received my profit this morning

    • @featherhoopdli
      @featherhoopdli Před 10 dny

      It's been so rough for me trading on my own because I have had much losses.Think the real market is manipulated.
      Please can anyone help me out or tell me what I'm doing wrong

    • @josirismeldazu
      @josirismeldazu Před 10 dny

      She's mostly on Telegrams using the username
      .

    • @josirismeldazu
      @josirismeldazu Před 10 dny

      wagesj
      That's it 👆

  • @Seanpfree
    @Seanpfree Před 9 dny +1

    Showrunners and producers make all the profit.

  • @AneeshRathi
    @AneeshRathi Před 14 dny

    this is a positive note

  • @medenilla12
    @medenilla12 Před 11 dny

    Interesting conversation

  • @joshuadarrington.
    @joshuadarrington. Před 13 dny

    love this

  • @nemomonteflores3890
    @nemomonteflores3890 Před 8 dny

    Excellent interview and analysis.

  • @JustForSneaksEnt
    @JustForSneaksEnt Před 12 dny +12

    The is the same length as watching a television show episode. Should’ve been 5 minutes instead.

  • @TimCleese
    @TimCleese Před 2 dny

    Quality T&A is the real issue.

  • @JonathanDavisKookaburra

    The spotification of screen entertainment.

  • @benjespina
    @benjespina Před 4 dny

    She thinks the line "Yes, Chef!" is from The Bear? 😐

  • @stephenfermoyle4578
    @stephenfermoyle4578 Před 10 dny

    loved him in that show

  • @mikeh66
    @mikeh66 Před 2 dny

    GREAT INTERVIEW! VERY INFORMATIVE!

  • @CRiver396
    @CRiver396 Před 5 dny

    Simple answer: Cost of production and expensive actors

  • @mikew7171
    @mikew7171 Před 10 dny +7

    This whole conversation sounds like when you ask your boss for a raise and the boss tells you how the company doesn’t exactly make profits BUT if you try really hard your boss will get a bonus this quarter. Completely disingenuous conversation these two just had.

  • @jacksonhorace1869
    @jacksonhorace1869 Před 7 dny

    How do magnets work?

  • @stephendallas9709
    @stephendallas9709 Před 13 dny +2

    Is it just supply and demand? More shows=less value?

  • @rickyg9498
    @rickyg9498 Před 10 dny

    If TV is more popular than ever, more viewers than ever. Where is the money going?
    And why is Netflix slinging out TV shows and bad movies like it's going out of style?
    I understand streaming services are thinned out, but from a bird' s-eye view, the money should be as good as ever-for either the streaming services or the talent.

  • @gerryaime9472
    @gerryaime9472 Před 10 dny +1

    Forget TV, it's all about online now.

  • @MangosInTrees
    @MangosInTrees Před 15 dny +1

    19:47how is that possible? I’d think for the streaming services it would be the opposite, especially for a viewer who consumes a good amount of content. More views = more ad views = more $.

    • @KK-pm7ud
      @KK-pm7ud Před 14 dny

      The content deals are based on a flat fee for a period of time. Not a share of advertising dollars. Additionally, many of the plans are priced without advertising so those subscribers wouldn't have to see ads.

    • @MangosInTrees
      @MangosInTrees Před 14 dny +1

      @@KK-pm7ud how does that not make more money for the streaming services? He previously mentioned these are digital ads which essentially operate like all other digital ads.

    • @KK-pm7ud
      @KK-pm7ud Před 14 dny

      @@MangosInTrees I don't want to get into all of the details and write a long response. But I will say that one reason is because advertising is tracked more efficiently today while in the past companies like auto manufacturers spent a percentage of their advertising budgets on television advertising without knowing how many people were actually watching. It was all estimated.

    • @MangosInTrees
      @MangosInTrees Před 14 dny +1

      @@KK-pm7ud that’s literally the point I’m making. It’s CPMs, they know how many impressions they’re getting. It does not make sense that Netflix wouldn’t benefit from more views on more ads.

    • @KK-pm7ud
      @KK-pm7ud Před 14 dny

      @@MangosInTrees fix your timestamp then. It doesn't align.

  • @Foodfightmike
    @Foodfightmike Před 9 dny

    The lack of true comparative economics is astounding. Especially coming from Fortune

  • @TheILUMInatedOne
    @TheILUMInatedOne Před 10 dny +1

    So not only are there more shows and theres less money in total to split, for the most part the product is objectively worse. And they’re all ridiculously expensive to produce. For every amazing show there’s 10-20 trash ones.
    Not a great plan.
    Also, being critically acclaimed and getting all the awards is irrelevant if the audience simply isn’t watching your amazing tv show. Friends is watched and loved by pretty much everyone and will continue to be so, it’s about numbers. End of story.

  • @wellpal
    @wellpal Před 9 dny

    I mean there is some incentive for a show to be a hit as that in turn does drive new subscription or renewal if a streaming provider ( Netflix, Hulu, etc) has those hit shows (especially original content).

  • @pokerwiz101
    @pokerwiz101 Před 6 dny

    I love watching videos on why overpaid actors are getting overpaid more than they used to. I understand that actors can be assets that generate revenue therefore can justify it from a business standpoint, but no one should have any moral dilemma's about them getting paid less as teachers are making pennies.

  • @crush9197
    @crush9197 Před 12 dny

    Ads just throw me off. Like how Amazon prime now has. It’s not an annoying ad but two ads back to back and the same ad at the beginning of my show just makes me click off. Peacock I’m keeping an eye on them. Netflix though I have no issue with I just wish they had more alien 👽 movies

  • @Malik_Maverick
    @Malik_Maverick Před 10 dny

    Someone riddle me this. If current streaming shows/premium cable shows are only averaging 8-12 episodes per season (whereas before shows were doing 22-24 episodes), why are we waiting 2-3 years in between seasons and most streaming is only running (at best) 3-5 seasons.
    You’d think with the shorter production time, we could churn out multiple seasons annually/bi-annually. Like they’re saying Euphoria is gonna start shouting its next season in a few months and they’re gonna do a time jump. How big of a time jump??! The characters were originally teenagers and now the actors that play them are pushing 30 years old because there were 2-3 years in between the seasons.

    • @michaelahurt
      @michaelahurt Před 10 dny +1

      In the old model actors, writers and crew were under contract so they typically only did the one job. You might moonlight, shoot a movie over summer hiatus but that show was everyone’s main job
      Now, because it’s so short the writers and crew especially can’t survive on that one show. They basically work freelance year round and need to do multiple shows. And the actors are doing more stuff as well. They aren’t just working 12 weeks per year
      So it creates a situation where once it gets picked up for the next season you need to schedule it further out in order to get everyone back because everyone is on conflicting schedules
      Euphoria is a perfect example. Zendaya and Sydney Sweeney are legitimate movie stars and what they get paid for 8 episodes just isn’t worth it so it gets fit in where it gets fit in
      That movie star part happened on the network shows too but it was at least 2.5x more money because of 22 episodes.

  • @marcus7564
    @marcus7564 Před 11 dny

    For most shows I hope we don't return to lower quality 20 episode seasons with lots of filler. I much prefer and rewatch 8 episode prestige tv, ideas where the show wraps up and is not canceled, stretched the plot to thin or jumps the shark.

  • @SkepticalZack
    @SkepticalZack Před 6 dny

    Aww those poor poor tv stars.

  • @norcaldragonz1904
    @norcaldragonz1904 Před 18 hodinami

    That third season was depressing.

  • @gvi341984
    @gvi341984 Před 9 dny

    It's due to equipment prices being so low anyon can make a show causing oversaturated market

  • @GotKimchi
    @GotKimchi Před 14 dny +4

    And because of streaming and the loss of revenue, you can expect less quality shows to be produced and done. People's drive for ad free streaming and being able to watch whenever they want is going to ruin the industry

  • @brigittelee9730
    @brigittelee9730 Před 4 dny

    Interesting

  • @BrandonBaby
    @BrandonBaby Před 9 dny

    no more commercials

  • @YogaBlissDance
    @YogaBlissDance Před 12 dny

    That is incredible I had no idea even re: Friends payments-that is a huge amount per year for an old show. Yes it is around the world. The whole video this is dying- oh now it's happening in another way. The end.

  • @hamburglar83
    @hamburglar83 Před 13 dny

    Way too many shows……….i can’t keep up. Also, why are things released in summer (living in Chicago i give myself no more then 45 minutes this time of year).

  • @MatthewMS.
    @MatthewMS. Před 11 dny

    I am very rich. Self made. Retired at 41 no kids. Vacation time. 😎 for rest of my life. Good luck

  • @motivationdoses5393
    @motivationdoses5393 Před 10 dny +1

    Because...
    1.Piracy(Telegram, Dark Web)..
    2.More competition
    3.Less Story driven (Copy Cat)
    4.Content
    5.Focused more on Money than Cinema....

  • @NDAsDontCoverIllegalActs

    Eyeballs. 👀 👀 👀 👀
    Shows generate income via advertising revenues during commercial breaks.
    Less eyeballs➡️ less purchases ➡️ less revenue ➡️ less 💵 for the shows producers.

  • @geostyma
    @geostyma Před 9 dny

    This is interesting but it seems very tone def

  • @benjaminlibertarianscorpio

    Friends and Seinfeld were on free tv

  • @codyeasonBGR
    @codyeasonBGR Před 11 dny +2

    What is this woman talking about? Yes, Chef is a common kitchen language. Is she not use to asking questions

    • @michaelahurt
      @michaelahurt Před 10 dny

      There are random CZcams channels with more informed hosts/guests. This is honestly embarrass

  • @scratcharmstrong
    @scratcharmstrong Před 6 dny

    How likeable is that dude!

  • @benjaminlibertarianscorpio

    HD over the air tv is free 🆓