Jesus, this blew my mind. Not because the concept is outlandish, but because it wouldn't surprise me at all if it actually existed, and I think it would be immensely popular.
"We are living in interesting times; in fact, they're so interesting that it is not currently possible to write near-future SF." -- Charlie Stross, Sep 2008
http://www.antipope.org/charlie/blog-static/2008/09/avalanch...
If you could add some good mob rule hurt-the-bad-guys to your mix, it could be a hit. And that's messed up.
Take it up a level; I think quite a lot of people believe there's a serious gap in the oversight of law enforcement agencies in the US. Where's the public accountability?
So - a reality show that follows police units, and lets the audience vote on which officers should be promoted, sacked, or jailed....
So sure. Find the gap, tell the sad story, then follow enforcement folks as they find the people responsible -- with the audience voting for whomever that is and what the punishment should be.
In the end the weak and vulnerable are rewarded, the evildoers punished. It's basically every Hollywood movie you've ever seen except the audience gets to vote on the outcome and real people are involved -- the ultimate in reality TV.