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2024 Film and TV Report Confirms Shorter TV Seasons, Fewer New Series Overall

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Your suspicions are correct: not only are we seeing a decline in new series, but TV seasons are getting shorter, Luminate confirms in new report.
The 2024 Film and TV Report highlights several key trends in the television industry. Notably, there has been a significant reduction in the number of new series launched, with a 24% decrease from the previous year, reflecting a broader industry contraction. This decline is attributed to the ongoing effects of the Hollywood strikes, which have led to delays in production and a strategic pivot by studios towards more established, high-quality content rather than numerous new shows. Additionally, the report notes a shift towards shorter TV seasons, with many series now opting for 6-8 episode runs instead of the traditional 10-13, aiming to reduce costs and increase viewer retention. This trend is part of a larger move towards quality over quantity, with networks and streaming services focusing on fewer, but more impactful, series. The report also discusses the impact of these changes on the workforce, with fewer opportunities for new talent and a more competitive environment for existing professionals.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/entertainment/tv/2024-film-and-tv-report-confirms-shorter-tv-seasons-fewer-new-series-overall/ar-AA1yvrQ7 ]