But when Bunim and Murray presented their budget, MTV's executives balked. [fact]
But when Bunim and Murray presented their budget, MTV's executives balked. As Murray recalled, they said, “We get our music videos for free, and now we're going to spend $300,000 for half an hour of television?” Apparently Freston and MTV had not completely thought through the idea of new formats; virtually any of them would require actually spending money on content.
Tim Wu, The Attention Merchants, loc. 822