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Phoenix666 writes:

The TV business is facing its biggest explosion of new productions in the medium's history, sparking a billion-dollar arms race between established TV networks and a deep-pocketed insurgency of online streaming giants.

That boom is reshaping the industry from Atlanta to Hollywood, where even washed-up actors are suddenly in high demand and open studio space is the holy grail, said Henrik Bastin, executive producer of "Bosch," a gritty cop drama on Amazon.

Craftspeople, who once went months without a gig, are now fought over and recruited for shows that have become so ambitious, expensive and intricate they're "like making a movie each week," Bastin said.

Is the glut of new productions a flash in the pan, or a sign of things to come?

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