But they did pull the ratings with towl l+3 ratings matching those of the series finale (3m) while having the biggest streaming numbers thus far. Considering how AMC is back to their Sunday's main show having 300k live viewers and how instead of directly having repeats of ep4 of towl like they're usually doing they put an episode of DD to surf on towl's success, that says a lot. I love both pair of characters so i don't understand this need of bashing or undermining towl (smelly boots really?), just sounds bitter tbh. Danai/Andy and Richonne have been all over sm during the whole run making people who never watched the show subscribe to see them so I'm pretty sure AMC is figuring out a way to keep them around. At the end of the day one show's success benefit the whole twdu, cause more people decided to watch the other spinoffs after towl
This ask is in response to a parenthetical on my post, but I suppose I could explain my logic. First, though, I want to point out that the driving force of my argument was that all the characters are important and there's room for everybody. I wasn't bashing anyone and I have utmost respect for Danai. I said that Rick's fans who turned up for what they expected to be a rollicking action adventure were disappointed.
Now, to the points in the ask. TOWL had relative success. AMC is doing poorly over all and TOWL performing the strongest out of a bad slate doesn't make for objectively good numbers. The spinoffs are part of the same franchise, on the same network and these are not cheap shows to produce, so the studio needs to see a ROI on all of them. AMC doesn't make money unless curious and casual viewers keep watching the shows and they're positioned differently, so the expected viewership doesn't overlap beyond hardcore TWD fans who watch all the shows. That's a very small group.
It's very common ahead of releasing an important show (to the studio/network's bottom line) to buy engagement. The buzz you see about a show is often staged to create the appearance of success. More people will tune in if they think others are watching it. This is industry standard and not specific to TOWL. If a studio is worried that the numbers won't be strong enough to recoup costs, they will spend quite a bit of money to make it look like something is doing well.
A normal studio—AMC doesn't have the best track record for fiscally responsible decision making—doesn't try to find ways to keep expensive and reluctant actors on board a project that doesn't make money. Reluctant actors mean more money to make them sign. FX is always expensive, but genre shows in the scifi/fantasy space are more so. You have the whole spectrum from physical fabrication to digital effects on a TWDU show. It's a large crew, multiple units and it's a mobile production, i.e. one that shoots on location. Big cost. If live numbers can't get above 1M, the studio is definitely not seeing ROI.
That said, I'm happy Rick and Michonne's story arc got its long awaited closure and that Richonne fans enjoyed the show. (I'm not very romantic so the act of smelling someone's well-used footwear might be lost on me as an expression of love, but I do apologize if anyone with a shoe fetish felt disrespected by my turn of phrase. It was not my intention to offend anybody.) I don't feel bitter at all that fans got to watch a show they had anticipated or that they loved it. All TV shows should be satisfying to their audiences and I hope DC and TBOC provide the same level of joy to their fans.
Studios just have to make sure that the target audience is large enough for a healthy profit margin—that was the point I was getting at in my original post. AMC needs to capitalize on all their talent to grow their market share (which is ridiculously small). They can't afford to alienate potential customers by ignoring half their leads: casual viewers won't know who's in the shows and fans, who buy merchandise and are more inclined to open their wallets, will get offended by the snub of their personal favorite(s). That's bad for business and why there shouldn't be any "big 3" (or 4 or 5) posts made by official social media accounts.
All six lead characters are important for TWDU longevity and AMC's financial health. It's the one IP the studio actually owns, (everything else is under license or spaghetti thrown at the wall). The different characters appeal to their own segments of TWDU's potential audiences, so in any post that promotes the whole franchise, AMC and any relevant production companies can't create tiers or rankings if they want to optimize ROI. It looks unprofessional and it's discourteous to the talent, which shouldn't be the basis of any business relationship. After all, these people are the face of the operation, those who make the studio their money.
Thanks for the ask, anon 💝
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Private Sector Good, Public Sector Bad?
The reigning ideological economic theory within the Conservative Party is, and has been ever since Margaret Thatcher came to power, that “markets know best”
This was made abundantly clear when Kwasi Kwateng, the Chancellor of Liz Truss’s short-lived government, dismissed anything resembling a “planned economy”. Rather, growth and economic success depended on:
“…the power of our treasured free-market economy to leverage private capital and unleash Britain’s unique entrepreneurial spirit to grow new industries." (The Conversation: 13/04/22)
The key words here are “to leverage private capital”. What this means in ordinary speech is to encourage private investors to participate financially in “projects that benefit the economy, society or the environment”. This has resulted in private investors running (and in many cases, owning) most of our public utilities and services. But rather than “benefit the economy, society and environment" these private investors have devastated it.
Over the next few blogs I intend to look at various British/English public utilities and services and to see how they have fared under the private sector. First up are the railways.
Britain’s railways are organised within a mishmash of private and public ownership, and has been described as “broken" and no longer fit for purpose.
“The UK's train network is not only one of the worst in Europe, it is also one of the most expensive.” (euronews: 20/05/21
This is no surprise given its complex and chaotic structure. The railway tracks and rail network are owned and operated by Network Rail, which is a “non-departmental public body of the Department for Transport, (DFT) with no shareholders"
Non-departmental public bodies are a strange entity. They are national or regional bodies that work independently of government, are not staffed by civil servants, and yet are still accountable to government ministers. It is the Secretary of State for Transport who sets the strategic direction of the railways, allocating funding, and it is the secretary of state who has to approve major investments in the railway system.
The companies that operate the trains are privately owned and are either awarded franchises from the DFT, or they are “open access” operators that provide passenger services on a particular route or network, but with no exclusive rights enjoyed by franchise holders.
To complicate matters further, the actual trains, passenger carriages and railway wagons, known collectively as “rolling stock”, are owned by the rolling stock leasing companies” (ROSCOs) who lease out their stock to the privately owned rail operating companies.
Freight train operators are totally separate from passenger trains, have no contracts with government but do need permission from Network Rail to run their services.
For year 2022/23 the railways received £11.9bn of government funding and Network Rail has secured £27.5 bn of government funding over the next five years. In short, we the taxpayer invest heavily in our rail network which the private passenger, rolling stock and freight companies use to make a profit.
A 2019 report by the TUC found that:
“Rail firms have paid over £1bn to shareholders in the last 6 years.” (TUC: 02/01/2019)
In 2022 Avanti West Coast received a taxpayer subsidy of £343m, despite having the worst punctuality record amongst train operators and paying out £12m to its shareholders. Avanti West Coast is owned by First Group, who also own Great Western Railway and South Western Railway. Great Western paid out the largest dividend in 2021/22, £33m, while South Western paid out £13m.
More recently:
“UK rail operator Govia awards $79m in dividends amid UK rail dissatisfaction.” (Railway Technology: 08/01/24)
Govia is largely foreign owned, the three largest shareholder companies being Australian, Spanish and French. In 2022 it was fined £23m “over financial irregularities" having failed to return £25m in taxpayer funding. Why on earth any government would want to go on subsidising such a company is beyond understanding, especially as the Transport Minister at the time said the company had:
“…committed an appalling breach of trust...behaviour was simply unacceptable and this penalty sends a clear message that the government, and taxpayers, will not stand for it." (BBC News: 17/03/22)
Clearly the minister (Grant Shapps) didn’t mean what he said as Govia is still operating trains two years later and still courting controversy
Turning to the train-leasing companies, we find:
“Profits of UK’s private train-leasing firms treble in a year. More than £400m paid in dividends in 2022-23 while rest of railway faced cuts and salary freezes.” (Guardian: 18/02/24)
These companies saw their profit margins rise to 41%, a profit that we as taxpayers and passengers pay for. It is estimated that "taxpayers are now effectively paying the £3.1bn spent last year on leasing trains.” To actually run a passenger rail service yet not own a single locomotive or passenger carriage is bazaar to say the very least.
Finding overall profit figures for freight train operators is a little more difficult but Colas Rail UK’s revenue in 2022 was £15,529m, up 17% on the previous year, an operating profit of £460m.
Overall, taxpayer subsidies to the rail industry run at £6bn per year. However, these massive subsidies have not led to lower fares, an end to over-crowed trains, or an efficient service. According to TaxPayers Alliance 02/01/23) "rail subsidies cost taxpayers £1300 each by March 2023.” Meanwhile the private companies that operate the highly fragmented and disjointed system continue to reap profits and pay out dividends.
Maybe this would not be so bad if the British taxpayer subsidised dividend payouts went to British owned companies, but this is far from the case:
“According to the Rail, Maritime and Transport Union, 70% of Britain’s railways are now under foreign ownership to some degree.” (CityA.M.: 11/01/17)
The figure of 70% foreign ownership is disputed, not least because some companies have gone bust since 2017, with five lines now being effectively run by the government as “operators of last resort.” As the 1993 Railways Act forbids the UK state from running the railways these lines are likely to be franchised out to private firms in the future.
“…many foreign state-owned enterprises of the Netherlands, Germany, France, Italy and Hong Kong now run rail franchises in the UK." (The Standard: 11/05/23)
While other countries have no philosophical problem with running railways for the benefit of their citizens, and clearly have no qualms about investing state money in foreign ventures, the Conservative Party is ideologically opposed to state intervention in running UK public services and is vehemently opposed to setting up a UK sovereign wealth fund.
In summary, successive Tory governments have continued to pay taxpayers money into the coffers of private enterprise regardless of how efficient, honest or effective these firms are at providing an essential public service. Clearly, where the railways are concerned, they are not run to “benefit the economy, society and environment" but for the benefit and interests of private investors, in the mistaken Tory belief that private enterprise is always better than public stewardship despite evidence to the contrary.
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