The number of scripted TV shows released in the U.S. swelled to a new high in 2017, reflecting the growing efforts of Netflix, Amazon and YouTube to steal viewers and advertisers from traditional networks.
Streaming services accounted for 117 of the 487 shows released last year and almost all of the growth from the 455 programs released in 2016, according to a study by FX Networks, a division of 21st Century Fox Inc. The number of shows released in the U.S. has more than doubled in seven years.
So Much TV, So Little Time
Production of scripted shows has soared with the entry of online competitors like Netflix
Source: FX Networks
Silicon Valley giants and Hollywood’s biggest studios are locked in a struggle for control of the entertainment industry, with newer online players steadily gaining ground. Technology companies are investing in shows to attract customers to video services delivered over the internet, while the established media are spending more to keep viewers from abandoning their networks.
Resourcees
https://www.bloomberg.com/news/articles/2018-01-05/netflix-propels-tv-production-surge-dethrones-hbo-with-critics
