Three reasons:
- More episodes of an established show are, as I noted, cheaper than an entirely new show. You already have most of the standing sets in the studio. You've already designed uniforms, props, makeup and prosthetics, etc. Even VFX are likely a bit cheaper, because you already have high-texture renders of things like the ship available off the shelf. There are also probably some savings related to payroll and staging. Balanced against this is that the salaries for the cast for SNW is likely higher than Starfleet Academy (or whatever), but I don't think it will cancel out these other savings.
The CEO of Starz would disagree (Take it from a guy who has to meet payrolls every single week. His job is to get into the weeds of the financials. He knows more about what it takes to produce a TV show than any of US ever will. If he says it's more expensive to indefinitely renew an existing show than it is to produce a new one, I believe him.)
If an earthbound show like Power is expensive after four seasons, how much would a VFX-heavy show like SNW cost?
If shows are cheaper over the long haul, why were Disco and Lower Decks each cancelled after five seasons?
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