Peacock (NBC) has lost almost 3.5 billion since the beginning of 2023
(media.scored.co)
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NBC bought Australian TV Network 10 a few years ago and thought they could just program the same shows they have in the USA. It has been a dismal failure for them. They basically now just churn out inane reality shows. And are often beaten in the ratings by the public broadcaster.
Yeah, 10 is effectively dead and buried at this point, lol…
Though it is kind of funny how many “prominent” ABC journos still end up at 10, despite them hemorrhaging cash, which tells you just how bad things must be at the “National Broadcaster” right now…
For non-Australians, it’s worth noting that SBS, the “multicultural” second national broadcaster is also partly owned by/syndicated to Vice Media, which means that a) it is full of woke American trash, and b) surely it must be running at a loss by now, with that arrangement…
I don’t understand how that arrangement can continue to be viable, with the collapse of Vice and all, yet here we are…
Australian TV is sort of in this weird “undead” zone, with all these shuffling corpses of US networks shoving their programming on Aus audiences, too, atm…
I expect it’s only a matter of time before an ABC/SBS merger, and Ten either merging with one of the other two, or simply ceasing to exist, lol…
Good Summary. 10 also made the wrong choice in the FTA Sports - they banked on a Soccer boost that has never eventuated and sees them with basically no competition to 7's AFL & Cricket and 9's NRL & Tennis. The Anti-siphoning laws are probably the only thing keeping FTA alive in Australia. (that and the worst show ever made .... MAFS)