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Off-script: The number of scripted shows fell in 2023, after rising for years

Off-script: The number of scripted shows fell in 2023, after rising for years

Mixed signals

If you’re someone who has an overwhelmingly long list of TV shows that you’ve been told you “must watch”, you might take some relief from the latest FX report, which reveals that the number of new US-produced scripted original series actually fell 14% last year.

Across broadcast, cable, and streaming, there were 516 scripted shows made for adults in 2023 — the largest annual decrease in over 2 decades, and the lowest overall count since the pandemic.

Contentful

A record 600 new scripted shows hit our screens in 2022, as the streaming wars raged on. But, while 2020 saw productions stall for months on end and countless media companies fold under the weight of an unprecedented hiatus, 2023 was similarly disrupted.

The almost 5-month-long Hollywood strikes caused filming delays and a marketing bottleneck, which not only led to a wave of high-profile TV cancellations across both networks and streamers, but hampered the creation of new content as writers took to the picket line.

Even so, strikes aren’t solely to blame for scripted TV’s decline. Platforms like Disney+, Netflix, and Apple have recently veered away from subscriber gains-at-all-costs and towards profitability, introducing cost-cutting measures and diversifying their content spending to acquire more local language originals and sports content.

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Prediction markets show “One Battle After Another” leads in Oscar race for Best Picture

It’s finally Oscars week — and with voting officially closed, all that’s left to do is count the ballots and wait to see who wins this Sunday night. 

This year, the acting categories have been the most interesting to watch, especially the showdown between “Marty Supreme” star Timothée Chalamet and “Sinners” actor Michael B. Jordan for Best Actor. While Chalamet was long the favorite, Jordan has caught up and overtaken him after winning the Actor Award.

(Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.)

But perhaps the most exciting race of all is for Best Picture. Out of the 10 nominees, the two at the top are Paul Thomas Anderson’s “One Battle After Another” and Ryan Coogler’s “Sinners,” both of which are studio releases from Warner Bros. Discovery

Which will win the top prize seems to be split among award pundits and experts. As of Monday afternoon, Gold Derby still has “One Battle After Another” as the front-runner with odds of 76.87%. AwardsWatch, AwardsRadar, and Numlock Awards are also still predicting that “One Battle After Another” will take the statue for Best Picture.

On the other side, reporters from some major trade publications like Variety’s Clayton Davis and The Hollywood Reporter’s Scott Feinberg predict that “Sinners” will take the top honor.

Odds in the prediction markets currently show that “One Battle After Another” is still ahead of “Sinners,” with the former priced in at 75% while the latter is priced at 23%.

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