Is This How Desperate Network TV Has Become?

Hollywood is taking out the trash and cooking up new shows. Yet in this instance, "new" is a relative term. Comcast's (NASDAQ: CMCSA  ) NBCUniversal is rebooting the 1960s detective series Ironside, with Blair Underwood replacing the late Raymond Burr in the wheelchair.

The news comes as cable and online alternatives offer more original programming. AMC Networks (NASDAQ: AMCX  ) has television's top-rated show in The Walking Dead. Netflix (NASDAQ: NFLX  ) has received excellent reviews for new series House of Cards and Hemlock Grove. Time Warner's (NYSE: TWX  ) HBO unit just reupped medieval drama Game of Thrones for a fourth season following strong ratings.

Add it all up, and you have what appears to be a permanent shift away from the studios and toward the upstarts, says Tim Beyers of Motley Fool Rule Breakers and Motley Fool Supernova in the following interview with the Fool's Erin Miller. Old Hollywood isn't about to die off anytime soon. But don't get too caught up in stocks such as Comcast, Tim advises. Instead, take small bets on TV Anywhere plays that also have interests in original programming.

Please watch the video to get Tim's specific picks, and then let us know which Hollywood stocks you like most right now.

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  • Report this Comment On May 19, 2013, at 7:09 AM, hottdamm wrote:

    The title, "Is this how desperate network has become?" tries to be profound. It isn't. Broadcast TV has recycling TV programs for years. Bionic Woman, Charlie's Angels and Knightrider come to mind. The death of broadcast TV has become exaggerated.

  • Report this Comment On May 19, 2013, at 7:54 AM, SuntanIronMan wrote:

    Are the cable networks really that much different?

    The Walking Dead - Based on a comic book.

    Game of Thrones - Based on a book.

    House of Cards - Based on a UK TV series, which itself was based on a book.

    Hemlock Grove - Based on a book.

    Seemingly everything on TV nowadays is based on something that had been previously released in another form. I guess it is a little different for those cable/Netflix series since they are based on different media forms (except for House of Cards), but this 'new' programing is still based on older works.

    And there is nothing inherently wrong with that. A good TV show will be a good TV show, even if it is a reboot of a older show the had the same name and general premise. And a bad TV show will be a bad TV show, even if it is something actually new and original.

    For example, I really enjoyed Ronald D. Moore's Battlestar Galactica. It surpassed the original in countless ways. If we just automatically dismissed it because it was a reboot/re-imagining, we would have missed out on a great series.

    Not looking forward to Ironside personally, but that has more to do with it being a police procedural. I kind of burned myself out on police procedurals a few years back. That maybe something the TV networks can do without (original AND reboots). Although I will give it a fair shake when it comes out. Sometimes a show can surprise you.

  • Report this Comment On May 19, 2013, at 10:10 AM, Darthkirch wrote:

    Network tv is just like all tv today all are desperate, the difference and this point has always bothered me is that cable networks can use profanity and nudity to tell the story as well as graphic violence. So is it any wonder that most of the shows mentioned have some combination of these elements and are so highly watched? The big four networks can only turn to retreads and reboots because the old standard of sex and violence has been raised because they are unchecked on pay services.

  • Report this Comment On May 19, 2013, at 10:12 AM, benjonson wrote:

    What is the point?

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