U.S. Film & TV Production Drops 40% from Peak TV Era – Industry Decline Insights

Following a period of remarkable expansion that established the U.S. as a dominant force in global film and television,recent statistics reveal a steep contraction in production activity. Since the height of the “Peak TV” era around 2018, the number of shows produced domestically has dropped by nearly 40%, signaling a profound transformation in the entertainment sector. This downturn is driven by a combination of escalating production expenses,evolving consumer preferences favoring selective streaming content,and mounting competition from international studios.The consequences are widespread, affecting everything from project approvals to the demand for supporting services across key production centers.

Primary factors behind this decline include:

• Escalating costs that outstrip available funding
• Shift in network strategies prioritizing fewer, higher-quality productions
• Growing rivalry from global and…