Sleepy, Hollow: What You Won't Hear at This Year's TV Upfronts
Posted in: UncategorizedWith two-thirds of the 2017-18 broadcast campaign on the books, the TV business is in the very thick of pilot season, the annual ritual in which fiscal improvidence and an excess of creative caution join forces to relieve the networks of around $500 million in development costs. Thus far in the process, 76 scripted projects are in the running for the upcoming season, and if precedent is anything to go by, less than half of them will be picked up to series. In other words, advertisers and media buyers in mid-May will be pitched 35 or so variations on the zany workplace sitcom, the gritty police procedural, the whimsical genre mash-up and the gratuitous nostalgia exercise that is the reboot/revival.
In between cut-downs of shows about CIA werewolves, psychic flatfoots and Dracula, DDS, the broadcast bosses will indulge in the usual amplified boasting about how splendid everything is, and somehow each and every network will have figured out a way to position itself as TV’s top banana. The PR types clustered around the theatre will punctuate even the most specious claims of ratings dominance with the sort of sustained hooting rarely heard outside an aviary, buyers and clients will roll their eyes and sigh a bit, and the members of the press who’ve been corralled at a safe remove from anyone worth speaking to will dutifully tweet their impressions of the proceedings to their followers, of whom roughly a third will be in attendance.
Pre-scripted ballyhoo aside, broadcasters in May will have little cause for celebration. Except for NBC, which last month sucked all the air (and ratings points) out of the room with its back-to-back coverage of Super Bowl LII and the 2018 Winter Olympics, broadcast impressions continue to Costanza, and three of the Big Four networks are on pace to post record seasonal lows in their respective target demos. At present, only two scripted series are averaging 3 million adults 18 to 49 or better in live-same-day Nielsen measures, and nearly 40 percent of the 78 scripted shows that have aired since the season began are delivering fractional ratings. Put another way, they reach less than 1% of the demo most coveted by TV advertisers.