Money talks: Have we reached peak TV?
Money Talks from The Economist
The Economist
4.4 • 1.2K Ratings
🗓️ 16 August 2016
⏱️ 17 minutes
🧾️ Download transcript
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| 0:18.0 | Hello, I'm Matthew Valencia, special assignments editor, and you're listening to Money Talks, and on this show. |
| 0:29.0 | As the Olympics play out in Rio, Sumaya Keynes is here to tell us how countries can go for the gold. |
| 0:37.0 | If you're choosing where to throw your money, you maybe don't want to go for football |
| 0:41.0 | which only has one medal or two. You really want to go for football which only has one medal or two you really want to go |
| 0:44.5 | for things like cycling or gymnastics where there are lots and lots of medals to be |
| 0:48.4 | one. And our finance correspondent Krista Koskello talks about the burgeoning distress debt market. |
| 0:53.7 | So the NPL, the market is growing significantly in Europe and the sort of specialized market |
| 0:58.5 | players are very bullish about it growing further. |
| 1:02.1 | But first, there are currently around 500 scripted shows on television. Do we need that |
| 1:07.6 | many? How much TV is too much? There's this other notion that you reach something called the paradox of choice, which is you give people |
| 1:15.7 | too many choices and it breeds discontent because ultimately it's very hard to pay attention |
| 1:21.5 | to all the choices. It becomes work essentially to sort through everything |
| 1:24.7 | every opportunity you're giving them. That's John Langrath, president of FX network at the |
| 1:30.0 | Edinburgh International Television Festival. And ultimately I think all businesses, all industries basically go through, they over-expand |
| 1:36.8 | and then they consolidate. |
| 1:37.9 | And all I can say is that in my view, I think that, I think less would be more I think a few you know 300 |
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