TV economics are amazing, industry execs probably stupid. There are an estimated 31 million hours of original television content produced each year, but you'll see almost nothing of that even when you'd want to...
"Thus the ratio of produced content to available content is the highest of any industry I've looked at. Other industries may produce more content--print, for instance--but it's far more available (see Google). Only television treats its premium content as disposable. True, a lot of it actually is. But not all, and not as much as is effectively thrown away after a brief moment in the sun. "
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