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Re:TV is broken by Retric on Friday February 24, 2012 @06:10PM (#3631536)
Video games and the internet killed TV.

Going from 3 to 300 channels did not help. What really cut into their budget was a steady drop in viewership over time as new toys simply become more compelling than TV. Reality TV is simply what happened when keep cutting the budget.

PS: Seinfeld reportedly turned down a $5 million per-episode offer to continue the show for a 10th year. You can put on a full season of a reality TV show for that.

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