How do game show award money amounts work? Some game shows are only able to give away a few thousand dollars and others can give away millions. Who sponsors / funds shows and how are final award amounts decided?
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For a bit on the business side, for pretty much all game shows, the amount of money they give is fairly small compared to the actual cost of producing the show (which is quite substantial). Secondly, the amount the producers of the show sell/license the show for when it airs on TV is massive money, and ads that run against prime-time gameshows are incredibly expensive.
Outside of your rare $1M winner on who wants to be a millionaire, the amount these shows provide in prize money isn’t particularly interesting when you look at all the money going in and out and costs and revenue of the game show. The “prize money” is just another line item in their cost, and it won’t even be big one. The crew costs far far more for just filming a show than any money they give away.
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