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Doesn't it cost just as much to make that crap as it would to make a relatively decent show. Are we just dealing with the GM factor here? That despite having resources and knowing what appeals to the public, they can't help but turn out Pontiac Aztec after AMC Pacer, after Chevy Cavalier, after Cadillac Cimmaron? Where's the pride?
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Interesting thought.
I think the best way to explain it is, and this applies to film as well as tv.
You make a product that caters to an audience. You don't make a good product and hope the audience finds it.