
In this episode of The Town, host Matt Bellany talks with veteran TV producer John Wells about the unconventional production model behind HBO Max’s procedural drama “The Pit.” Wells explains how the show revives the classic broadcast‑style format—15 episodes per season, half‑hour budgets, and a single Los Angeles set—to create a cost‑effective, award‑winning series that connects with audiences like the 80s‑90s prestige dramas. He highlights the financial efficiencies, tax incentives, and creative freedoms that made the model possible, and discusses its impact on industry trends and future streaming projects.

Janice Min, publisher of The Ankler, paints a bleak picture of Hollywood, likening Los Angeles to a "Detroit vibe" as media consolidation squeezes the advertising pool. In contrast, Reed Duchscher, founder of Night, announced a $70 million raise to expand his agency...