Tuesday, April 12, 2016
Big-budget independent television is still a dream
Evidently – and unfortunately – no. Louis C. K. revealed this week that the first season of Horace and Pete left him several million dollars in debt. Each of the show's ten episodes, with a star-studded cast including Alan Alda, Edie Falco, and Steve Buscemi, cost about $500,000 to produce (cheap for television), and C. K. never saw the return on investment he expected. The same strategy that helped the comedian sell stand-up specials doesn't seem to scale to full television production.
Independent television shows are still possible on a much smaller scale; Broad City started as a no-budget web series. But Louis C. K.'s struggles with Horace and Pete serve as a reminder that, even in an age of television everywhere, somebody still foots the bill.