Is television dead?

I say yes. And the world says yes.

I'm posting what was a response to a question someone asked about TV sitcoms, but for some reason I'm blocked by that person, who i don't even know.

Sitcoms are very expensive at around $3 million per half hour, and the writing and acting is crap. They can't make a profit on that.

The last shining sitcom that made any money was Modern Family, and that ran around $5 million per half hour, but it's been gone for 6 years now and it's making way more money in streaming than it ever did while it was on television. The little kid on that show is making more money from it now than its highest paid star Ed O'Neill did while it was on the air.

Is television dead?

The only profitable event on television for advertisers and programmers now is the Super Bowl. All other programming throughout the year loses money. All sports (except the Super Bowl), all entertainment, all awards shows, all reality shows (which cost almost nothing to make), all news programming, all of these lose money, and lose market share for their sponsors. Even The Simpsons only makes money in streaming.

The only moneymaker left, throughout the world, is in your pocket, your phone, and the socials that are on it. Granny next door has just as good a shot at getting rich from her phone as does Goodyear Tires or Target or Pizza Hut. Granny probably won't (one did, she made a billion dollars from her living room), but those corporate giants aren't either, because they still haven't grasped the reality of this sea change, and they don't know how to do it. right now they think it's all about AI, and to a good extent it is, but they don't know what to do with that, either. but sometime in the next 10 years they will.

Is television dead?
Is television dead?
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