The pandemic has drastically changed the way ABC, CBS, Fox, NBC and The CW approach development — and spending.
Of course, the industry’s shift to streaming has played a role in where media titans allocate their spending.
As the price on scripted originals soars thanks to rising costs associated with filming during covid and competition for top talent, the days of networks buying 300 scripts each development season have vanished. Now, many are taking a more nuanced approach to which scripts move forward to pilot as the networks examine their schedules and weigh the costs of replacing aging and bubble shows with new ones that afford them to set new streaming pacts on their own respective platforms.
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