Jan 14, 2020

A record number of original TV shows were created in 2019

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Reproduced from an FX Networks Research report; Chart: Axios Visuals

A whopping 532 original scripted television series were created last year, according to the latest data from FX Networks Research, up 7% from the year before.

Why it matters: The new data suggests that "peak TV" hasn't happened yet.

Be smart: The rise of streaming over the past decade can be credited for bloating the TV ecosystem, but it's also complicated it.

  • FX researchers used to show the number of original scripted series that were released by genre, but because streamers have become so intertwined with the traditional television ecosystem, that calculus no longer makes sense.
  • For example, Disney said last year that Hulu will become the official streaming home for FX content. The partnership will offer current and new FX series to Hulu subscribers when they air on traditional TV.

Go deeper: Americans are tiring of TV dramas

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Hulu CEO Randy Freer stepping down

Randy Freer. Photo by Dia Dipasupil/Getty Images for Hulu

Hulu CEO Randy Freer is exiting the company, as Disney looks to further consolidate the streaming service into its own streaming department, Disney said in a statement on Friday.

Why it matters: The move is part of a greater integration of 21st Century Fox assets into the Walt Disney Company. Disney purchased most of Fox's entertainment assets last year for $71 billion. In a statement, Disney said that Hulu executives will now report directly into Disney's direct-to-consumer department business leads.

Disney says Disney+ has 26.5 million subscribers

Photo: Chesnot/Getty Images

Disney's stock rose Tuesday after revealing that its new streaming service, Disney+, now has 26.5 million paid subscribers. It also said that ESPN+, its sports streaming service, now has 6.6 million subscribers, up from 3.5 million in November.

Why it matters: Disney's strong showing shortly after it debuted its streaming service last November shows that it will be a formidable competitor to Netflix in the streaming wars.

NBCU's new streaming service Peacock goes all in on ads

Illustration: Eniola Odetunde/Axios

NBCUniversal unveiled parts of its new streaming service, Peacock, to investors in New York Thursday, promising a consumer-friendly advertising experience that would set it apart from its many competitors.

Why it matters: Unlike some of its entertainment rivals, NBCU plans to make its service mostly free to consumers, supporting it through advertising instead. Netflix and Disney, who are considered the two streaming titans to beat, are ad-free.

Go deeperArrowJan 16, 2020