I have a solid understanding of the value of ratings with regard to old-style TV production, i.e. ad-supported general broadcast.
When it comes to Picard (or, for that matter, STD, Section 31, Strange New Worlds, etc) I'm wondering how success is measured. My assumption has been that enough people must be signing up to watch a given show so that some percentage of the monthly fees will cover production. On retrospect this is almost certainly no true, or at least not completely true, as 1) CBS would have little way of knowing who was signing up to watch what, and 2) I have a hard time believing that one show, even a Trek show, can bring in enough profit to cover production costs and still have something significant left over.
So what am I missing?
When it comes to Picard (or, for that matter, STD, Section 31, Strange New Worlds, etc) I'm wondering how success is measured. My assumption has been that enough people must be signing up to watch a given show so that some percentage of the monthly fees will cover production. On retrospect this is almost certainly no true, or at least not completely true, as 1) CBS would have little way of knowing who was signing up to watch what, and 2) I have a hard time believing that one show, even a Trek show, can bring in enough profit to cover production costs and still have something significant left over.
So what am I missing?