Industry Analysis & Industry Trends
Although revenue growth was slow over the past five years, reality TV has been quickly expanding in popularity. Additionally, the climate that the industry operates in is improving as a result of loosened credit policies, lower interest rates, rising advertising expenditure and migrations to internet and mobile platforms. Lured by potential for fame and fortune there has also been an influx of actors and actresses seeking to “star” in a reality TV show. The next five years appear to foster growth, at least in terms of revenue and establishment growth. Increasingly though, consumers are growing tired of reality TV, so IBISWorld forecasts that Americans will gradually taper off their consumption of industry products, eventually reducing ratings and correlated advertising expenditures. Toward the end of the five-year period, the price paid for a reality TV show by a network is estimated to decrease... purchase to read more
What is the Reality TV Production industry?
Companies in this industry produce semiscripted reality TV shows. Reality TV is a genre of TV programming that presents purportedly unscripted dramatic or humorous situations, documents actual events, and usually features ordinary people instead of professional actors. The genre of reality TV consists of various subgenres, including talent shows, game shows, special-living environment shows, hidden-camera shows, talk shows and dating shows... purchase to read more