Every generation seems to lament what those newfangled whippersnappers like. Bring back Milton Berle and Ed Sullivan. What the heck are music videos? Who wants to watch kids dance for an hour?
What hasn’t changed is the audience dictates the content. What people reject goes away.
And while sequels/reboots/rehashes of existing IP are by no means anything new in TV, they seem to get a disproportionate share of “there are no original ideas” when in fact there are many. Of course audiences familiar with whatever brand may gravitate toward checking it out; we’re human and like positive memories. If people stick around and enjoy the show on its own merits, great. But there’s plenty of original
ideas and creative twists on older ones (Stranger Things and Wednesday from Netflix come to mind as one example of each).
And all kinds of content from music to movies to TV has borrowed, some more blatantly than others, from
what came before.
Much of the original content from basic cable migrated to streaming as the audience did. Makes sense; follow the money. And it also follows that we’d see a big push early on for original content to give each platform an identity and a reason to pay up. That dust will settle and the investments will become more targeted into what proves to be working.
The broadcast model is dying. It’s not dead and won’t be for a while, but it’s on the way. It’s going to need to rely on a changing mix of programs to wring some remaining life out of it, and rely on streaming to pick up some of the lost audience. For now, it’s sustainable with adjustments.