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The problem with reality tv is: It's cheap. Or even if it costs some money, it's a lot less than fictional tv series. And if only 1/3 of the viewers of a series would watch, it works for the producers I guess. In Germany, there are so many scripted reality shows, all day long and there are new formats every week or month. It doesn't make sense to watch the US shows on tv anyway, because the really good ones are shown very late or get cancelled soon.
Good points from you. I think Greg now is older and knows better how the business works. He needs a hit from time to time (with Arrow he has a small one - and a big one if you look at CW's usual stuff) and Parenthood wouldn't be in its 4th season (and even a 5th is more than possible) if it wasn't on NBC. And with the fast cancelling of shows, it's super tough.
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