History of Sesame Street including changing its traditional magazine format to a narrative format. Because of the popularity of the Muppet Elmo, the show incorporated a popular segment known as "Elmo's World". "Sesame Street" has won eight Grammys and over a hundred Emmys in its history—more than any other children's show. In the late 1960s, 97% of all American households owned a television set, and preschool children watched an average of 27 hours of television per week; programs created for them were widely criticized for being too violent and for reflecting commercial values. Producer Joan Ganz Cooney called children's programming a "wasteland", and she
Television show "Game of Thrones" was $5–$10 million, "Pan Am" cost an estimated $10 million, while "Terra Nova"'s two-hour pilot was between $10 to $20 million. Many scripted network television shows in the United States are financed through deficit financing: a studio finances the production cost of a show and a network pays a license fee to the studio for the right to air the show. This license fee does not cover the show's production costs, leading to the deficit. Although the studio does not make its money back in the original airing of the show, it retains ownership of the show.