The estimates generated by these formulas, when combined with estimates of program costs, can provide estimates of the net cost (program costs minus costs averted by program activities) of a program.
"It's low-cost programming," Professor Calvert said.
Ms. Berman and Mr. Braun suggested that a new form of lower-cost programming, perhaps as an entire three-hour block of shows.
"What CBS is trying to get out of this is some low-cost programming that will attract a younger demographic," said Alan Gould, a media analyst for Natixis Bleichroeder, a research firm based in New York.
"What CBS is trying to get out of this is some low-cost programming that will attract a younger demographic," Alan Gould, a media analyst for Natixis Bleichroeder, a research firm based in New York, tells Mr. Schneiderman.
"An overindulged, sloppy, lazy society can turn it on and say, 'Hey, I'm not as bad as that!' " So let's place tapes in a time capsule and explain to future generations how the popularity of "reality TV" created an assembly line to feed a low-cost programming beast.
"The Leno model is honestly a dead end," says Douglas Creutz, an analyst at Cowen and Co. "By reducing the quality of your content and putting on lower-cost programming, you're only going to accelerate your audience decline you're going to death spiral your viewership and it's a cycle you can't get out of".
California offers low-cost programs that are open to everyone in areas like solar panel installation.
Oracle is countering MySQL, Ingres and the like with its own low-cost programs and even a few free apps.
The highly controversial low-cost program seems to tearing apart the fragile relationship between SJSU and Udacity.
