Episode summary

Where did all the sitcoms go? | The Indicator

The Indicator Planet Money · · Guests: Mike Schur

Where did all the sitcoms go? | The Indicator – The Indicator Planet Money

Summary

Streaming economics, not audience taste alone, helped hollow out the classic sitcom. Mike Schur argues that the old network model rewarded long-running, 22-episode comedies that could later make money in syndication, while streaming now favors shorter seasons that are easier to sell to subscribers but harder to amortize. Fewer episodes mean higher per-episode costs, and the old aftermarkets that once made sitcoms lucrative have weakened.

Schur also says sitcoms suffer from an international sales problem. Broad, serialized crime or drama formats travel more easily overseas than culturally specific comedy, so streamers have a built-in incentive to fund more police procedurals and fewer hangout comedies. On top of that, comedy often needs time to find its rhythm, but the streaming system pushes shows to prove themselves quickly.

The episode ends with Schur describing how he adapts. His new Peacock show, Dig, keeps some familiar workplace-comedy elements but adds a central mystery and cliffhangers so it can survive in a market that now measures completion rates and minutes watched. The result is a changed version of comedy, built for a different business model.

Key takeaways

  • Mike Schur says the classic sitcom was undermined when streaming replaced syndication as the main way TV shows made money.
  • He argues that shorter streaming seasons raise per-episode costs because fixed production expenses are spread over fewer episodes.
  • Schur says hour-long crime and drama series travel better overseas than sitcoms, which makes them more attractive to studios.
  • He says comedy needs time to develop, but streaming audiences and executives want immediate performance.
  • Schur’s new Peacock show Dig is built with mystery and cliffhangers because streamers reward completion rates and minutes watched.

Notable quotes

“The world is now almost completely open. And as a result, the studios need in order to make uh the amounts of money, the gobs of money they're trying to make, they have to sell their shows everywhere”

— Mike Schur at 5:52

“comedy is cultural. What is funny in one country is not necessarily funny in another”

— Mike Schur at 6:07

“So, all else being equal, a successful hour-long show is twice as valuable as a successful halfhour show”

— Mike Schur at 7:58

“It wasn't a person. It was streaming economics. The score changed. The episodes got more expensive. It's the money”

— Mike Schur at 11:18

Topics

  • streaming and tv
  • sitcom decline
  • comedy industry
  • television production
  • entertainment economics

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Watch “Where did all the sitcoms go? | The Indicator” on YouTube

Summary, takeaways and quote selection by Octagon. Quotes are short excerpts; the full conversation is in the episode.

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