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22: When Success Isn't Success

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The Value of Network TV

In the early seventies and late sixties, you had the beginning of the understand of demographic viewers. And it completely and tha that moved through the seventies into the eighties completely changed the valuation of t v shows. Because you ended up having these shows that had big audiences, but the audiences weren't valuable in the same way. Unless you're a billionaire, to you jeft basos, you can order more the expanse because you are one person and you want to see more. But most people cannot do that.

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