Warner Bros. Tv Group chairman and CEO Channing Dungey says the period of a 600-show universe wasn’t good for TV viewers.
“The reality of the matter is Peak TV wasn’t actually nice for the enterprise when you may have 600 reveals being made,” Dungey informed the Banff World Media Competition whereas giving a Summit Sequence keynote deal with. Her feedback on Peak TV’s downslope got here because the business grapples with escalating content material prices and an business contraction.
“I don’t imply to make mild of the truth that as these numbers (600 reveals) come down, you do have fewer individuals as jobs are tougher to return by,” Dungey argued. However she added TV viewers couldn’t make sense of Peak TV amid its bounty.
“There’s no attainable method that you could sustain with all of that, that you could see all of it and that lack of vital mass is irritating and disappointing,” she informed Banff delegates. The result’s persevering with belt-tightening in Hollywood.
“The enterprise is contracting somewhat bit. There’s going to be fewer general offers on account of that, and I feel costs are coming down, which can be in all probability fascinating,” Dungey argued.
A Banff veteran, Dungey made an off-the-cuff dialog look on the pageant in 2021 quickly after being named to go up the Warner Bros. TV group. And in 2018, Dungey was in Banff for a keynote deal with when serving as president of ABC Leisure, which was adopted by a brief stint at Netflix as vp, authentic sequence.
At WBTV, Dungey runs a TV studio tethered to Max, a streaming platform, and inside a Warner Bros. enterprise now a part of Warner Bros. Discovery. “For me, nice tales are nice tales,” she mentioned as she and her crew ideally subject pitches not essentially with a linear TV or streaming platform in thoughts from the outset.
She pointed to the upcoming Max medical procedural The Pitt From ER alums John Wells and R. Scott Gemmill, with every episode debuting weekly. “It can really feel like old fashioned broadcasts in streaming,” Dungey noticed.
In all, she oversees TV manufacturing on nearly 90 scripted, unscripted and animated sequence for streaming platforms, cable and broadcast networks. Dungey mentioned Apple TV+ desires extra Ted Lasso episodes, whereas including: “Jason Sudeikis is open to the concept, however I feel he desires to have the precise thought, which I recognize.”
Dungey additionally discounted the prospect of a Associates reboot. “I feel it could very tough to do one other Associates and name it Associates,” not least by looking for new variations of the sequence’ iconic characters. And whereas she’s not thumbs right down to an up to date The West Wing sequence, “I don’t know that that is the precise time for that,” she mentioned, given the present political local weather within the U.S.
Her look in Banff got here as Warner Bros. Discovery is trying to proceed the rollout of Max in key worldwide markets and bolster its artistic pipeline throughout its movie and TV studios.
“I see my roles the top of the group to carry an umbrella over our studio so that everybody beneath that umbrella can concentrate on that and never the distractions of the broader enterprise,” Dungey argued.