A Hollywood tragedy
From The Economist (my '06 plan is almost ready to go live...and no, after reading articles like this, it is not "abort!"):
A Hollywood tragedy
Hollywood’s best actors can cry on demand, but the industry's executives may soon be shedding real tears. A new report from the Los Angeles County Economic Development Corporation predicts that 2006 will be a hard year for the entertainment industry, which employs about 249,000 people in LA County [btw, note the word 'employs'...people like me don't fit in that category]. Falling cinema attendance, a slump in DVD sales (which fell from $15.2 billion in 2004 to around $10.2 billion in 2005) and the increased threat—thanks to evolving technology—of copyright piracy are all contributing factors. As if this wasn’t bad enough, studios will begin new contract talks with unions in late 2006.
With the industry aiming to cut costs, the city itself may suffer. Los Angeles is facing increased competition from other cities in America and around the world which are wooing film and television producers with tax incentives and lower labour costs.
A Hollywood tragedy
Hollywood’s best actors can cry on demand, but the industry's executives may soon be shedding real tears. A new report from the Los Angeles County Economic Development Corporation predicts that 2006 will be a hard year for the entertainment industry, which employs about 249,000 people in LA County [btw, note the word 'employs'...people like me don't fit in that category]. Falling cinema attendance, a slump in DVD sales (which fell from $15.2 billion in 2004 to around $10.2 billion in 2005) and the increased threat—thanks to evolving technology—of copyright piracy are all contributing factors. As if this wasn’t bad enough, studios will begin new contract talks with unions in late 2006.
With the industry aiming to cut costs, the city itself may suffer. Los Angeles is facing increased competition from other cities in America and around the world which are wooing film and television producers with tax incentives and lower labour costs.
posted by sundeep at 11:10 AM
3 Comments:
How do we make cinema fun again? How do we make it an event? Less movies with higher quality?
-Jason
So I get that you either A) want to be a part of a hollywood "revolution" and create something new and exciting for the audience or B) Ditch the Hollywood actor gig altogether. I think 2006 is ALL about going after what you are passionate about - whether it be acting, traveling, spending more time with family, making lots of money - it is all about what makes YOU happy and a better person. And with this, I wish you the best.
Don't give up!
http://tv.msn.com/tv/article.aspx?news=210488>1=7538
maybe just another hollywood success story -- but it won't be "just another..." when it's yours.
Best in '06... go get 'em!
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