You have to consider there are story driven movies/shows which can get made for lower budgets (Primer for example) as well as setpiece driven shows or spectacle

You have to consider there are story driven movies/shows which can get made for lower budgets (Primer for example) as well as setpiece driven shows or spectacles which simply can't be made for smaller amounts of money (setpiece cnostruction can get pricey and can't be replaced with VFX). As for TV costs, I was involved in a Big Brother show as a director for example - reality shows are among the cheapest content you can produce (hence why there are so many of them)... 3 months of that show production was I believe in 3-5 million euros range. And that was the cheapest content you can produce, with producers that watched every penny spent with relatively cheap workforce.