What will fix California’s film and TV industry? https://t.co/3nzTCG9SIa
LA Times: California’s film industry is in crisis. Can it be saved? "California is experiencing a crisis in its homegrown film and TV business that has struggled to recover from the pandemic and strikes last year." The devastating irony of this article being published the same…
Excellent feature piece by my colleague @MaxKnoblauch at @sherwood_news on how the entertainment industry's pivot toward streaming has wrecked the Hollywood labor market. Some highlights here, click below to read the full piece: https://t.co/6bIeI91lMW https://t.co/aDPjn5L1q2
California's film and TV industry is facing a significant crisis, with unemployment rates among film and TV workers tripling the national average. Media and tech companies had previously invested hundreds of millions of dollars into Hollywood to build new streaming services. However, as the industry pivots towards streaming, many workers in LA are being left behind. The industry has struggled to recover from the pandemic and strikes last year, exacerbating the situation. Reporters Max Knoblauch, Stacy Perman, and Christi Carras have highlighted these issues. The future of Hollywood's labor market remains uncertain as stakeholders seek solutions to address the ongoing crisis.