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Re: dukeb post# 547241

Monday, 10/06/2025 4:04:12 PM

Monday, October 06, 2025 4:04:12 PM

Post# of 575605
Edit update: Paywall thud, ouch. -- L.A.’s Entertainment Economy Is Looking Like a Disaster Movie

Work is evaporating, businesses are closing, longtime residents are leaving, and the city’s creative middle class is hanging on by a thread

That snack i plenty to go to other places on.

Hollywood economy crumbles

John Tomase
Writer, editor, somehow won an Emmy
Published Oct 3, 2025

It's easy to associate Hollywood with megawatt stars like Leonardo DiCaprio or Margot Robbie, but the middle-class gig workers who operate the cameras, design the costumes and cater the sets are struggling. The entertainment industry still hasn't recovered from dual strikes that ended two years ago, The Wall Street Journal reports, with 42,000 jobs vanishing between 2022 and 2024. The 100,000 remaining laborers are fighting for work on fewer big-budget movies and TV shows as studios abandon the quantity model that fueled the rise of streaming to pursue higher profits.

More - https://www.linkedin.com/news/story/hollywood-economy-crumbles-6668820/

Thanks.

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