The television industry has been one of the most popular industries that Hollywood has used in order to entertain people since the mid 1920s. People use television as a way to escape their world, whether it is watching the newest drama, sitcom, or even reality television show. This popular industry has become increasingly popular in the 21st century, as nearly every household owns at least one television. The three major roles in the television industry, being production, distribution, and transmission, have produced great sums of revenue because of how popular the industry really is. The industry is a continuous cycle, in which production companies need to come up with creative ideas, which involves a great amount of risk. This idea is then sold to networks and channels, where they have to strategically set up schedules so that their program has the greatest chance of reaching their target audience. The final step of this cycle involves transmission companies, which actually allows viewers to watch shows. Examples of how this is done are broadcasting, cable, or satellite, which physically allow viewers to watch shows. This cycle is continuous, as production is always looking for distributors, who are looking for transmission companies, and so on. The economic situation of television shows vary greatly, as each show chooses different stations to broadcast their show on, and each show has a different showrunner. One of the most popular television shows in history, Friends, is a great television show to study the economic situation of a show, and how the economics of the show have affected the television industry. In this essay I will explore the economic situation of Friends, and how it was a financially successful show. Friends first premiered in 1994, using the typical Pilot episode in order to win over their audience. In this episode the six main characters, who were all in their mid-twenties, were introduced, and a bit of their background surrounding them was also introduced. Monica, who is a chef, is portrayed as a single woman trying to find love in New York City. Her brother Ross, just found out his lesbian ex-wife was pregnant with his child. His college roommate Chandler, who works in a job that none of the other friends can ever seem to remember, also seems like he is doomed to a loveless life, as his quirky nature can never seem to land a girl. His roommate, Joey, is an aspiring actor who thinks he will make it big, even though he has never landed himself a real role. He does seem to be very lucky with the women, charming many women in the pilot episode. Monica’s old roommate Phoebe, who is also a very odd character, acts as a free spirit, seemingly going with the flow in life. Rachel is introduced as she runs into the coffee shop in a wedding dress, after walking out on her wedding day. She is Monica’s old best friend from high school, and portrayed as a spoiled Manhattan young adult in the first episode. The series goes on to deal with the lives of these six very different characters, as their love lives, their jobs, and their personal friendships morph and grow over the ten seasons. As the show progresses, four out of the six main characters find themselves in love with each other, and go on to start their own families. The emphasis on family in this show is very strong, as the six friends consider themselves a family of their own, and we as the audience get to experience the trials and tribulations this family goes through together. After ten seasons, the show finally came to an end, leaving the audience with a feeling of new beginnings for the friends, all starting new chapters of their lives. They were no longer the twenty something single friends; they were a family that was ready to move on to the next part of their lives. The hit sitcom Friends was one of the most successful shows of all time, as it had at least 14 million viewers every season (Wikipedia, 2013). Kevin Bright, who is a successful...
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