introduction of the reality show and how they related to the business model

Hello,please include all the information I provided in the document. And you can add more information on each categories (which indicate in red on the document) .it’s a paper on the group presenataion and my part is the introduction of the reality show and how it related to the business model, it’s for the ” Political, Economy of Mass communication”classand write a paper of 700 words,it’s due in 3 hours.Thank you.

Why we choose this topic:
– Causing a direct hard to individuals for the sake of entertainment
– Business model of reality television
– high Profitability
– Issues of morals and ethics behind the production team
What is a reality show
-Reality television (also known as reality show) is a television programming genre that presents unscripted and humorous situations, documents actual events and usually features ordinary people instead of professional actors. 
Several subcategories:
– Celebrities such as “Celebrities Rehab”
– Hidden cameras such as “Just for Laugh Gags”
– People with disabilities such as “Little People, Big World”
– Reality Competition such as “America’s Got Talent”
Why people watch it?

– humiliation as entertainment
– Some people think it’s real, and viewers can learn from the mistakes made on the show and good things did on the shows

– find out more information about a person, human nature to be nosey
– unpredictable. You never know what’s going to happen next or what the outcome will be
– People love to see other people doing worst then they are, it makes them feel better
How production company makes money
– a tv drama which employs hundreds of people could cost about 1 million to produce an episode. All that for $1.2 million in ad revenue or a profit of $200,000

· Or they could pay a few people a few thousand bucks to over-dramatize their lives. The cost to produce the episode goes down to 400,000 but the production company still gets the 1.2 million in ad revenue. And the net become 800,000

Fact:

Reality series that aired so far this year

– 567

Costs per hour of a network drama

– $2.7 million to $4 million

Costs per hour of a cable drama

– $1.6 million to $2 million

Costs per hour of most reality shows

– $300,000 to $1 million