Book is right based purely on the group composition, MEM was a group of stars that you, at one point, never would have expected to see in the same company, much less the same group. What's more, the core group actually had some chemistry while also maintaining their individuality because they were so well established. They also had some of the funniest segments I've ever seen.
It all falls apart on the creative side though because they lacked direction and a clear story outside the fact they were stars. There was no overarching plotline so eventually it just meandered into a ditch because even that much charisma can only carry you so far without writing.
The Bloodline is the inverse and because it's been bare bones in star power by comparison, it's been able to pull off these angles.