Legendary Entertainment, the production and financing juggernaut behind the Chris Nolan/Batman trilogy, and about a dozen other major big screen blockbusters is shutting down their TV division, ending their partnership deal with Warner Brothers TV division, and putting their plans to expand into television on hold.
Now you are probably wondering why such a successful and growing company would want to drop out of a market that is so potentially lucrative.
The answer is development.
Legendary reportedly didn't care for the way networks develop new TV shows.
Development is the process where a studio or a network "develops" anything from a completed screenplay to a rough idea, into something that can be made into a movie or TV show.
That means polishing the script, recruiting cast, director, producers, and in the case of television convincing a network into commissioning a pilot.
Once a pilot's made the network can decide to make it into a series or not.
And by the way, during every step in the TV development process, every executive in the company and their cousin gets to toss in their two cents, and if you don't take every word from every yahoo like it's gospel, the project is sunk.
And then there's the element of internal network politics you have to deal with. A classic example is if the network's vice-president champions your show, there's no way the network's president is going to endorse it, because it might make the vice-president look good as a potential replacement for the president.
Does that make any sense?
If it doesn't, then you can at least take the lesson that very little in major TV network develop makes even less sense than my little statement.
Network TV development is inefficient, slow, erratic, wasteful, and lets a lot of shit go through. Just look at NBC's schedule. The exit of Legendary, simply because it couldn't do any business, should be seen as a wake-up call.
But it probably won't.