Streaming shows outnumber basic cable, broadcast for the first time

The number of scripted streaming shows overshadowed the number of basic cable and broadcast shows for the first time ever, according to new 2018 projections from FX Network Research.

Why it matters: Online streamers are pouring millions of dollars into original content to lure viewers away from cable and broadcast TV. The number of streaming shows also saw the biggest jump year-to-year, by 27% from last year. Netflix alone had a goal of 700 original series for 2018.

Go deeper: Quality digital content can't break through sea of online garbage