Why Peak TV Is About to Enter a Bear Market

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FX chairman of content and productions John Landgraf, who coined the phrase “peak TV” back in 2015, believes the industry has indeed peaked.

In 2022, Television output increased to 599 scripted series—the most of all time, according to FX’s annual tally. And it’s no longer sustainable.

“I think we have a strong indication that we’re going to start to see a decline in the beginning of 2023,” Landgraf said during his annual executive session at the 2023 Winter Television Critics Association Press Tour in Pasadena, Calif.

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