Biggest Quote by Shane Smith
“I think the biggest issue for legacy media - both TV and film - is that it just costs too much money to develop a TV series or movie. And most of them don't work. Then the one that works has to pay for the rest.”
About This Quote
Source Article: Media industry analysis, 2019
He notes high production costs and low success rates make legacy media financially risky.
In simple terms: Expensive shows often fail, making media costly.
Key Takeaway
Balance cost with realistic expectations.
Themes
finance
media
risk management
Mood
cautious
analytical
Type
business
critical
When to use this quote
- TV series development
- film production
- studio financing
Key Concepts
budgeting
content strategy
Questions to Reflect On
- How can legacy media innovate cost‑effectively?
- What models improve success rates?
A Different Perspective
Innovation can reduce costs but isn’t guaranteed.
