There are lots of shows that were considered "good" that were cancelled. There's concept. Of course there is execution. But there's also time slot and competition and how receptive an audience is at any point in time. Even in the streaming world, people only have so much time to give to entertainment.
Well, if you want to think that pessimistically, why should anybody ever launch a new TV series? Nothing can ever succeed, right?
He's just pointing out how the studio generally sees things. They're not going to bother with a new series as long as they're making money off of the content they already have.
This.
Studios are not wanting to take risks on new work that could fail, and new ideas that won't make money,
It might be pessimistic (and it kind of is) but that is how studios have been operating for a while, and its going to take some demonstration of audience interest to change that.
That's why we have Furious 7, multiple Transformers movies, Marvel movies until 2019, the next Star Wars movies and spin offs. They are safer bets than something original.
Star Trek is another story. CBS has yet to indicate they want to put any money towards the franchise because, even with Star Trek, there is no guarantee of return.
Yeah, it's pessimistic, but the general attitude of Hollywood studios is kind of pessimistic and has been for a number of years. And there really is not any indication that it will change any time soon.