"The Challenge" and "Below Deck" aren't just TV brands; they're practically the unscripted-TV version of cinematic universes, spanning multiple series that run for many years. Which is a challenge in its own right for Julie Pizzi, who produces those franchises as president of Bunim/Murray and 51 Minds, two different production companies owned by French media giant Banijay. She discusses the state of reality TV during a challenging period for Hollywood.