Cost of TV Shows

The LA Times reports cost for creating TV shows has soared over the past year. With the excitement around prosumer content its hard to see how TV produced in that manner can make it.

From the article:

“More than half of the 14 drama pilots produced this fall for the major networks — CBS, ABC, NBC and Fox — cost $6 million or more. That’s up 50% from just two years ago.

The price tag for a full season is more than $62 million on average, a jump from about $45 million in 2004, according to three industry executives who declined to be named because studios don’t like to publicize these figures.

“Each year the costs have been creeping higher and higher,” said Nancy Tellem, president of the CBS Paramount television group. “Although this year, it feels crazier than most.”

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About Daniel Davenport

Daniel is a digital media executive with internet and broadcast experience. Daniel is currently the executive strategy director at THINK Interactive.

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