TV production was still down last year, albeit decreasing at a slower rate than the year prior, down 7% from 2023, as the entertainment industry continues to find its footing after a couple of rough years, according to a new report from Luminate.
Luminate’s 2024 year-end analysis is just the latest to validate the contraction in production following the dual WGA and SAG-AFTRA strikes, which has impacted every area of film and television. However, the report also goes deeper to explain which genres and mediums were hit the hardest.
Interestingly, Luminate points out that broadcast TV was “surprisingly resilient,” recovering from the work stoppages a bit quicker than its streaming and cable counterparts with a 25% year-over-year increase. That’s likely due to the fact that networks hustled to get broadcast episodes back on air by the beginning of the year.
Meanwhile, cable has suffered the most,
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