THE SKED: "Terra Nova" Becomes Extinct

FOX did what it had to do today, shutting the time-travel portal on TERRA NOVA.  The show (which, because of its CG postproduction, would have needed an early renewal to be ready for air in Fall 2012) was enormously expensive, and its ratings trajectory was steeply downward, ending its run at a level barely over a 2.  Creatively, the series never jelled--too much bad dialogue, not enough dinosaurs--and there was no indication new viewers would have any interest in joining the show in a Season 2.  While there was hope that potential international and ancillary value could make up for low US ratings because FOX's sister studio 20th Century Fox Television produced the series, clearly the studio and network couldn't make the economics work.

The spin is that Terra Nova will now be shopped to other networks, but while its genre could certainly work on a cable network like Syfy or even TNT, there's no way those networks would pay a license fee equal to FOX's for such damaged goods, and unless the studio is willing to take an enormous deficit (in which case, they would have done it for their own network), or there's a way to sharply cut the show's cost, it seems unlikely to find a savior.

Some side notes:  Steven Spielberg is having a productive but not terribly successful season.  THE RIVER is overwhelmingly likely to join Terra Nova on the scrap-heap, UNITED STATES OF TARA was canceled, and apart from the modest cable success FALLING SKIES, that just leaves SMASH, which has a very good chance of renewal, but not because it's a hit in the ratings.  (WAR HORSE and TINTIN haven't given him much joy on the big screen, either.)