Different Genres

Television shows are more varied than most other forms of media due to the wide variety of formats and genres that can be presented. A show may be fictional (as in comedies and dramas), or non-fictional (as in documentary, news, and reality television). It may be topical (as in the case of a local newscast and some made-for-television films), or historical (as in the case of many documentaries and fictional series). They could be primarily instructional or educational, or entertaining as is the case in situation comedy and game shows.[citation needed] A drama program usually features a set of actors playing characters in a historical or contemporary setting. The program follows their lives and adventures. Before the 1980s, shows (except for soap opera-type serials) typically remained static without story arcs, and the main characters and premise changed little.[citation needed] If some change happened to the characters' lives during the episode, it was usually undone by the end. Due to this, the episodes could be broadcast in any order.[citation needed] Since the 1980s, many series feature progressive change in the plot, the characters, or both. For instance, Hill Street Blues and St. Elsewhere were two of the first US prime time drama television series to have this kind of dramatic structure,[4][better source needed] while the later series Babylon 5 further exemplifies such structure in that it had a predetermined story running over its intended five-season run.[citation needed] In 2012, it was reported that television was growing into a larger component of major media companies' revenues than film.[5] Some also noted the increase in quality of some television programs. In 2012, Academy Award-winning film director Steven Soderbergh, commenting on ambiguity and complexity of character and narrative, stated: "I think those qualities are now being seen on television and that people who want to see stories that have those kinds of qualities are watching television."[6]

Budget

Most television networks throughout the world are 'commercial', dependent on selling advertising time or acquiring sponsors.[citation needed] Broadcasting executives' main concern over their programming is audience size.[citation needed] In the past, the number of 'free to air' stations was restricted by the availability of channel frequencies, but cable TV (outside the United States, satellite television) technology has allowed an expansion in the number of channels available to viewers (sometimes at premium rates) in a much more competitive environment.[citation needed] In the United States, the average broadcast network drama costs $3 million an episode to produce, while cable dramas cost $2 million on average.[11] The pilot episode may be more expensive than a regular episode.[citation needed] In 2004, Lost's two-hour pilot cost $10 to $14 million, in 2008 Fringe's two-hour pilot cost $10 million, and in 2010, Boardwalk Empire was $18 million for the first episode. In 2011, Game of Thrones was $5 to $10 million, Pan Am cost an estimated $10 million, while Terra Nova's two-hour pilot was between $10 to $20 million.[12][13] Many scripted network television shows in the United States are financed through deficit financing: a studio finances the production cost of a show and a network pays a license fee to the studio for the right to air the show. This license fee does not cover the show's production costs, leading to the deficit. Although the studio does not make its money back in the original airing of the show, it retains ownership of the show. This allows the studio to make its money back and earn a profit through syndication and sales of DVDs and Blu-rays. This system places most of the financial risk on the studios; however, a hit show in the syndication and home video markets can more than make up for the misses. Although deficit financing places minimal financial risk on the networks, they lose out on the future profits of big hits since they are only licensing the shows.[14]