While 2022 brought new heights for the surge in both volume and prestige in television that is often called “Peak TV,” it may also be remembered as the year the TV gold rush began to peter out. In April, Netflix announced that its subscription numbers had dropped for the first time in a decade. Disney reported a $1.5 billion loss in November despite continuing growth of its streaming service Disney+, a shortfall that contributed to a CEO shake-up at the company

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