From the Urban Dictionary: Jump The Shark - a term to describe a moment when somethin that was once great has reached a point where it will now decline in quality and popularity.
Origin of this phrase comes from a Happy Days episode where the Fonz jumped a shark on waterskis. Thus was labeled the lowest point of the show.
This has led to "The 10 Biggest Jump-The-Shark Moments in TV History" and the like. "Jump The Shark" is that identifiable moment that it starts to go downhill.
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