Playing It Safe: Why Shows Have Receded To Reboots

The following is a selection from Brandon Katz of Parrot Analytics.

In 2023, reboots, remakes and revivals accounted for a 3.4% share of scripted shows released in the U.S., according to Parrot Analytics. While this marked a jump from 2.4% in 2022, it was also down from 2021 which marked a five-year high at 5.2%.

• Last year, Netflix generated the largest TV catalog demand share of the major SVODs via remakes, reboots and revivals in the US at 7.6% even as just 3.2% of its small screen library was comprised of such shows.
• In terms of supply, Paramount+ accounts for the largest share of remakes, reboots and revivals in its library at 4.9%.
• Recently, Hollywood has fully embraced familiar intellectual property as their north star of content development in hopes of capturing fragmented audience attention.

[read the rest of Brandon Katz's post on TVREV]