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20th Century Fox Trims TV Budgets

December 18, 2008 by Michael Hickerson   || Category: TV News

The current economic climate is leading to cuts in every walk of life, including television series production. 

According to TV Week, 20th Century Fox has asked several of its series to reduce their operating budgets by two percent for the current season.  Affected by the cuts are series like “Dollhouse,” “Life on Mars,” “24″ and “Family Guy.” 

“In these challenging economic times, we’ve asked all of our showrunners to trim their budgets by 2 percent, an assignment which they have all embraced,” a Fox spokesman told TV Week. “Everyone understands that revenues are down and these steps are necessary to protect our business.”

The two percent cuts would equal the cost of about half an episode in a 22-episode season.  There is no word yet on how these cuts will be done or what impact they could have on viewers.  It could lead to a guest-star’s role being reduced or trimmed or a clip’s show to save the budget.

Netflix, Inc.

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