The winners? Writers, Hollywood studios, and Reality TV producers. The losers? LA's economy, and Hollywood at large.
have both said that they don’t want a strike to happen, and it’s true that a lengthy strike could significantly derail their production time lines. But don’t be surprised if they’re already hard at work figuring out how to come out on top if there is one. In 2007, the studios took advantage of a strike to cancel underperforming shows and ax several dozen overall deals with writers and producers, and several sources expect them to do the same if there’s another strike.
. This time around, cash-strapped networks and streamers aren’t expected to fuel quite the same gold rush—but producers in the space are still hoping to benefit from any disruption to the prestige TV pipeline. Says one veteran reality producer, “I hate to say this because a lot of my friends are in the scripted world, but it is an enormous opportunity.
In Los Angeles alone, some 150,000 people consider themselves employees of the motion picture or sound recording industries. Nearly 15,000 more identify as artists, writers, or performers, according to the Los Angeles County Economic Development Corp. The same groupthat the last Hollywood strike cost the local economy more than $3 billion, including $772 million in lost wages.
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