Television show
A television show, TV program, or simply a TV show, is the general reference to any content produced for viewing on a television set that is broadcast via over-the-air, satellite, or cable. This includes content made by television broadcasters and content made for broadcasting by film production companies. It excludes breaking news, advertisements, or trailers that are typically placed between shows. Television shows are most often scheduled for broadcast well ahead of time and appear on electronic guides or other TV listings, but streaming services often make them available for viewing anytime. The content in a television show is produced by one of two production methodologies: live taped shows such as variety and news magazine shows shot on a television studio stage or sporting events (all considered linear productions.) The other production model includes animation and a variety of film productions ranging from movies to series. Shows not produced on a television studio stage are usually contracted or licensed to be made by appropriate production companies.
Not to be confused with Broadcast programming.Television shows can be viewed live (in a linear/real time fashion), be recorded on home video, a digital video recorder for later viewing, be viewed on demand via a set-top box, or streamed over the internet. A television show is also called a television program (British English: programme), especially if it lacks a narrative structure. In the United States and Canada, a television series is usually released in episodes that follow a narrative and are usually divided into seasons. In the UK, a television series is a yearly or semiannual set of new episodes. In effect, a "series" in the United Kingdom, Ireland and Australia is the same as a "season" in the United States and Canada. A small or one-off collection of episodes may also be called a limited series, TV special or miniseries. A television film or telefilm is a feature film created for broadcasting on television.
Budgets and revenues[edit]
Most television networks throughout the world are 'commercial', dependent on selling advertising time or acquiring sponsors. Broadcasting executives' main concern over their programming is audience size. In the past, the number of 'free to air' stations was restricted by the availability of channel frequencies, but cable TV (outside the United States, satellite television) technology has allowed an expansion in the number of channels available to viewers (sometimes at premium rates) in a much more competitive environment.
In the United States, the average broadcast network drama costs $3 million an episode to produce, while cable dramas cost $2 million on average.[11] The pilot episode may be more expensive than a regular episode. In 2004, Lost's two-hour pilot cost $10 to $14 million, in 2008 Fringe's two-hour pilot cost $10 million, and in 2010, Boardwalk Empire was $18 million for the first episode. In 2011, Game of Thrones was $5 to $10 million, Pan Am cost an estimated $10 million, while Terra Nova's two-hour pilot was between $10 and $20 million.[12][13]
Many scripted network television shows in the United States are financed through deficit financing: a studio finances the production cost of a show and a network pays a license fee to the studio for the right to air the show. This license fee does not cover the show's production costs, leading to the deficit. Although the studio does not make its money back in the original airing of the show, it retains ownership of the show. This allows the studio to make its money back and earn a profit through syndication and sales of DVDs and Blu-rays. This system places most of the financial risk on the studios; however, a hit show in the syndication and home video markets can more than make up for the misses. Although deficit financing places minimal financial risk on the networks, they lose out on the future profits of big hits since they are only licensing the shows.[14]
Costs are recouped mainly by advertising revenues for broadcast networks and some cable channels, while other cable channels depend on subscriptions. In general, advertisers, and consequently networks that depend on advertising, are more interested in the number of viewers within the 18–49 age range than in the total number of viewers.[15][16] Advertisers are willing to pay more to advertise on shows successful with young adults because they watch less television and are harder to reach.[17] According to Advertising Age, during the 2007–08 season, Grey's Anatomy was able to charge $419,000 per commercial, compared to only $248,000 for a commercial during CSI, despite CSI having almost five million more viewers on average.[18] Due to its strength with younger viewers, Friends was able to charge almost three times as much for a commercial as Murder, She Wrote, even though the two series had similar total viewer numbers at that time.[15] Glee and The Office drew fewer total viewers than NCIS during the 2009–10 season, but earned an average of $272,694 and $213,617 respectively, compared to $150,708 for NCIS.[19]