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Reality Gold Rush: Unscripted shows are becoming big business for TV networks

Cast of the reality show
Cast of the reality show "Pawn Stars."
History Channel

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The world of television is undergoing some huge changes of late.

Non-traditional players like Netflix, Hulu and Amazon are delving into the world of scripted fare — a world which for decades has been dominated by the networks and cable channels.

Change is on the horizon for reality shows, too.

To date, the genre has been dominated by smaller independent production companies, but now, the big guys are getting in on the act. They're scooping up reality TV makers so quickly that insiders are calling it a gold rush.

It's an issue Joe Flint has been writing about for the LA Times. He joins the show with more.