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As programming budgets shrink and subscriber numbers stall, dealmakers are preparing for a world beyond peak TV.

The long-foretold end of Peak TV may be upon us, as studios and streamers — adjusting to a new world of inflation, higher interest rates, and a slowdown in stock prices and subscriber

figures — slash costs and reevaluate strategy. The result, whether at Warner Bros. Discovery or at the BBC will mean less money for producers and, one assumes, fewer shows getting commissioned.

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