As “Succession” forged members marched as much as the Emmy stage on Monday evening to seize their statues for the present’s ultimate season, they used it as one final alternative to say goodbye.

Kieran Culkin, after kissing his co-star Brian Cox on the lips, gave a tearful speech whereas accepting the award for finest actor in a drama. Matthew Macfadyen and Sarah Snook, who every received performing awards as nicely, gave loving tributes to fellow forged members. And Jesse Armstrong, the creator of “Succession,” capped off the evening by accepting the most effective drama award for the third and ultimate time and noting: “We are able to now depart the stage.”

All of it punctuated an end-of-era feeling on the Emmy Awards on Monday evening. “Succession” was one in all many nominated reveals that had farewell seasons, joined by a listing that included “Ted Lasso,” “Higher Name Saul,” “Barry,” “Atlanta” and “The Marvelous Mrs. Maisel.”

However that was not the one motive that there was an elegiac theme to Monday evening. The ceremony felt in some ways like a ebook finish to the so-called Peak TV period itself.

Almost yearly from 2010 via 2023, the variety of TV applications rose in america, reaching 599 scripted tv reveals final yr.

It might by no means hit these heights once more.

For greater than a yr now, studios and networks — together with streaming giants like Netflix, cable stalwarts like HBO and FX, and the printed channels — have hit the brakes on ordering new sequence. Executives, nervous about hemorrhaging money from their streaming providers, prospects reducing the cable wire and a comfortable promoting market, have as an alternative positioned extra emphasis on profitability. The monthslong screenwriter and actor strikes final yr additionally contributed to the slowdown.

With a extra frugal method, there’s widespread concern all through the business concerning the fallout from a contraction.

The Emmy nomination submission checklist provides a snapshot. The variety of dramas that the networks and studios submitted for Emmy consideration dropped 5 p.c, in keeping with the Tv Academy, which organizes the awards. Entries for restricted sequence fell by 16 p.c, and comedies by 19 p.c.

At after-parties on Monday evening, there was appreciable angst at simply how a lot thinner the lineup would in all probability be for the subsequent Emmys.

Some tv genres appear to be in some extent of peril. Restricted sequence — six to 10 episodes reveals that turned a sensation over the previous decade, notably after the 2014 debut of “True Detective,” the 2016 premiere of “American Crime Story: The Folks vs. O.J. Simpson” and the 2017 begin of “Large Little Lies” — have been a trademark of the Peak TV period. The reveals stood out partially due to the large stars and lavish budgets concerned.

On the 2021 Emmys, the statue for finest restricted sequence was the final award presented. This had lengthy been a designation for finest drama, and it signaled an admission by organizers that the class had turn into tv’s most prestigious prize.

Not anymore.

As a part of programming price range cuts, executives now see considerably much less profit to deploying lavish sources to a present that ends after a matter of weeks.

As soon as once more, investing in sequence with numerous seasons is a a lot larger precedence. And there’s a good probability that tv could begin to look so much like tv from a few many years in the past.

Executives at Max, the Warner Bros. Discovery streaming service previously often called HBO Max, are searching for a medical drama. “Fits,” a 2010s authorized procedural from the USA Community, turned an sudden streaming hit final summer time, after tens of millions of individuals started watching reruns of the present on Netflix. “Subsequent yr, you’ll in all probability see a bunch of lawyer reveals,” Netflix’s co-chief government, Ted Sarandos, mentioned at an investor convention final month.

To wit, Hulu not too long ago ordered a venture from the star producer Ryan Murphy that can chronicle an all-female divorce authorized agency.

In fact, Peak TV-era high quality tv will not be going away. “The Bear,” the most effective comedy winner and already the runaway favourite for the subsequent Emmys, will return. Additionally coming again are “Abbot Elementary,” the beloved ABC sitcom, and “The Final of Us,” HBO’s hit adaptation of a online game, which received a haul of Emmys.

Even the origin story of “Succession” appears tailored for the brand new tv period. When HBO executives ordered the sequence, they wished to place their spin on a basic tv style — a household drama — however had low expectations. The present didn’t command “Sport of Thrones” or “Stranger Issues” budgets. It was gentle on stars. Armstrong was not a model title but. And but, it turned successful.

Lower than an hour after the Emmys ceremony ended, when Armstrong was requested at a information convention what he would flip to subsequent, he demurred.

As a substitute, he mirrored on the previous.

“This group of individuals, I don’t anticipate to ever be repeated,” he mentioned, of “Succession.” “I hope I do fascinating work the remainder of my life. However I’m fairly comfy with the sensation that I may not ever be concerned with one thing fairly nearly as good.”

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