This video from Britain says about itself:
Catastrophe – The Permian Extinction
The Permian-Triassic extinction event, informally known as the Great Dying, was an extinction event that occurred 252 million years ago, forming the boundary between the Permian and Triassic geologic periods, as well as the Paleozoic and Mesozoic eras. It is the Earth’s most severe known extinction event, with up to 96% of all marine species and 70% of terrestrial vertebrate species becoming extinct. It is the only known mass extinction of insects. Some 57% of all families and 83% of all genera became extinct. Because so much biodiversity was lost, the recovery of life on Earth took significantly longer than after any other extinction event, possibly up to 10 million years.
Presented by Tony Robinson.
Originally published in 2008 by Channel 4
That was the prevalent view in 2008. And now …
Estimates of the magnitudes of major marine mass extinctions in earth history
October 3, 2016
This paper shows that background extinction definitely preceded mass extinctions; introduces a mathematical method for estimating the amount of this background extinction and, by subtracting it from total extinction, correcting estimates of losses in mass extinctions; presents a method for estimating the amount of erroneous backward smearing of extinctions from mass extinction intervals; and introduces a method for calculating species losses in a mass extinction that takes into account clustering of losses. It concludes that the great terminal Permian crisis eliminated only about 81% of marine species, not the frequently quoted 90–96%. Life did not almost disappear at the end of the Permian, as has often been asserted.
Procedures introduced here make it possible, first, to show that background (piecemeal) extinction is recorded throughout geologic stages and substages (not all extinction has occurred suddenly at the ends of such intervals); second, to separate out background extinction from mass extinction for a major crisis in earth history; and third, to correct for clustering of extinctions when using the rarefaction method to estimate the percentage of species lost in a mass extinction. Also presented here is a method for estimating the magnitude of the Signor–Lipps effect, which is the incorrect assignment of extinctions that occurred during a crisis to an interval preceding the crisis because of the incompleteness of the fossil record.
Estimates for the magnitudes of mass extinctions presented here are in most cases lower than those previously published. They indicate that only ∼81% of marine species died out in the great terminal Permian crisis, whereas levels of 90–96% have frequently been quoted in the literature. Calculations of the latter numbers were incorrectly based on combined data for the Middle and Late Permian mass extinctions. About 90 orders and more than 220 families of marine animals survived the terminal Permian crisis, and they embodied an enormous amount of morphological, physiological, and ecological diversity. Life did not nearly disappear at the end of the Permian, as has often been claimed.