Networks go shopping for cheaper content
I was reading this article about the networks searching for show produced on the cheap and was stunned to find out that even reality shows cost $1.5 to $2 million bucks per hour. Now I can kind of see this for something like Survivor that involves flying people to to remote places and supporting a crew to film them, but it seems nuts when you consider the cheapie nature of other reality type shows.
NBC to Pay for Blocks of Programs - New York Times
The chief economic benefit of programs from Mr. Beers is that they are strikingly cheap to produce by network standards. Shows like “Ice Road Truckers†cost about well under $500,000 an hour, a modest figure next to a typical cost of about $3 million for an hourlong scripted network series. Conventional network reality shows are also much more expensive at $1.5 million to $2 million an hour. The producers will will split ownership with NBC, giving the network control of domestic rights and the producers the international rights.
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