ABC’s surprise revival of American Idol, which had ended its run on Fox in 2016 after 15 seasons, dominated last May’s broadcast upfront week. While ABC touted the pickup as a great fit for its network, its rivals publicly questioned the economics of the move.
“The price is so expensive, you need a 35 share to break even,” said CBS Corp. CEO and chairman Leslie Moonves. “That’s not going to happen.”
This week, ABC can finally prove its naysayers wrong with American Idol’s return, which the network hopes will allow it to climb out of fourth place among broadcasters in the adults 18-49 demo. The series made its ABC debut on Sunday night, with Ryan Seacrest returning as host and a new judges panel: Katy Perry, Lionel Richie and Luke…