"The business of television has collapsed," Bill Oakley stated, highlighting the industry's seismic shifts as traditional TV audiences dwindled, impacting future content creation.
Oakley noted, "Companies have realized nobody wants 2,000 new shows a year. They spent a billion dollars making 2,000 new TV shows for the last 10 years that nobody was watching."
Reflecting on television's changing landscape, Oakley remarked, "There will always be TV, just like there will always be some newspapers; it just won't matter as much as it once did."
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