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As streamers cut costs, TV shows — and residuals — vanish

By Grace Chen
Published in TV & Movies
April 08, 2023
1 min read
As streamers cut costs, TV shows — and residuals — vanish

So, I read this interesting article the other day about how as streaming services cut costs, some TV shows are disappearing along with the residuals that actors and writers rely on for income. Basically, with the rise of streaming, traditional TV networks are suffering financially and making cuts to their budgets. This means they’re canceling some shows that don’t perform as well as they hoped, which in turn means fewer residuals for the people behind those shows.

It’s crazy to think about how much the TV industry has changed in just a couple of decades. I remember when there were only a handful of channels and you had to watch shows at a specific time or else you’d miss them. Now, there are so many options and you can watch whenever you want. But with that convenience comes some consequences for the people actually making the shows.

The article mentioned some specific examples of shows that were canceled, like Mindy Kaling’s “The Mindy Project” and Halle Berry’s “Extant.” It also talked about how some of the biggest networks, like CBS and NBC, are having to make tough choices about which shows to keep and which to cut. And while these decisions are often based on ratings and viewership, they still have a big impact on the people who rely on residuals to make a living.

Overall, I think this article is an important wake-up call for all of us who love binge-watching TV shows. It’s easy to forget that there are real people behind these shows, people who put in a ton of time and effort to create something we enjoy. And although we can’t necessarily fix the entire industry, we can at least be aware of the impact our viewing habits can have. So next time you settle in for a Netflix marathon, maybe take a moment to appreciate all the hard work that went into making it possible.


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Grace Chen

Grace Chen

Freelance Writer

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