Technology

Netflix, Amazon, Warner Bros., and others are cutting costs and scrapping TV shows at record rates; 559 scripted shows were released in 2021, up by 200+ on 2013 (Lucas Shaw/Bloomberg)


Lucas Shaw / Bloomberg:

Netflix, Amazon, Warner Bros., and others are cutting costs and scrapping TV shows at record rates; 559 scripted shows were released in 2021, up by 200+ on 2013  —  The sudden decline in Netflix’s share price and the growing fear of a recession have forced Hollywood into a new period of fiscal austerity.


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