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ninjaplease1983
SFV, LA, CA
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since Dec 18 2018

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The downturn of the entertainment industry
Aug 19 2024 08:54PM more by ninjaplease1983
Tags: LA, Random (All tags)

Lately the studios and post production companies have been hit with major layoffs. I wonder what kind of recovery it will have. ive been in the industry for more than 15yrs and for the first time i have been effected by this tread.
      
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LisaBailey2.0
Tustin, OC, CA
Lake Forest, OC, CA Today!
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since Dec 30 2021

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Aug 20 2024 04:13AM     link to this

Evolve or Die......Hollywood is trying to hold out and do things the same. Not possible anymore so here is the consequence
x2luv
Arcadia, SGV, LA, CA
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since Jan 26 2023

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Aug 20 2024 08:32AM     link to this

Within the next generation, will we see a theatrical release of a full length AI generated movie?
jazz51
Laguna Hills/Woods, OC, CA
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since Sep 24 2008

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Aug 20 2024 08:45AM     link to this

Movie makers can't afford California.

High wages and excessive regulations. And, of course, the excessive taxation in this State.

We have been watching the departure from California for a couple of decades now.
socaliam
CA
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Aug 20 2024 08:50AM     link to this

Agreed. When the political balance is topped too far, and secured for a long time, those in power can and do their ideological fuckery.
AFMadness
Inland Empire, CA
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Aug 20 2024 09:27AM     link to this

Those that are still asleep, although some have awakened, are getting what they voted for.
jazz51
Laguna Hills/Woods, OC, CA
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Aug 20 2024 09:31AM     link to this

Movies and Television shows have moved to Canada, especially Vancouver and Toronto, Georgia, Australia...anyplace other than expensive New York and Los Angeles.
remo_williams
Irvine, OC, CA
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since Feb 14 2006

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Aug 20 2024 10:36AM     link to this

I'm not in the industry, so I don't know the finer details of movie making, but it seems to me that the independent spirit of filmmaking has succumbed to the desire to make the next blockbuster and few in the field do it for the love of cinema.

Back in the day, you just went out on the streets, no permits, no special sets, just filmed on the go, you made do. It was not about the special effects, it was about the action, the drama, the dialogue, gasp - telling a story.

Today, that's called Guerilla filmmaking, and some of my favorite movies are just that.

Talk about a great ROI.

Kevin Smith started his career that way.
Robert Rodriguez - same.
Quentin Taratino -

The Saw Franchise started that way.
Blair Witch (hated it) started the whole found footage genera.
Rocky
Texas Chain Saw
The Evil Dead

The list goes on on what you can do - with today's technology, and ability to put product out there on the web why we shouldn't see more great content being made..... but we have the likes of Netflix spending billions on content in big production & group think screening & reworking & reshooting stuff that dosen't focus group well.

We need more risktakers. IMHO.

yellowB2
Mission Viejo, OC, CA
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since Sep 21 2016

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Aug 20 2024 11:02AM     link to this

Taylor Sheridan seems to be doing OK for himself in the industry.
CaliStyle
Lake Forest, OC, CA
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Aug 20 2024 11:05AM     link to this

I don't work in the industry but WSJ did a few good articles about the economics of the entertainment industry and spelled out what has been happening. From my memory, it's a multi-layer issue:

1) They are losing eyeballs to Youtube, Tiktok and other social media platforms

2) Increased competition from streaming services and other platforms that produce their own content that don't play by Hollywood rules and regs

3) Also due to streaming services, old classics are getting popular again, so no real need to produce additional sitcoms and TV shows when shows like Friends are getting popular again.

4) Over produced content and have lots of material still in the vaults, waiting to be released

5) CA regulations and unions have made it expensive to conduct business here so they have moved production to more business friendly states

6) Hollywood execs will not take risks and only stick with safe projects only, like rehashes of old classics or another comic book movie. P/L sheets seems to be priority vs. quality or variety of content (that goes with all industries)

Nutshell, Hollywood is currently undergoing a industry change and seems to be a shift in content creation and the way it gets in front of viewers. I don't know where it all ends, but I imagine all the really talented people behind the scenes making the industry work will have to evolve with it or find another way to make a living.

This will be a common theme as tech and consumer tastes evolve and shape many industries moving forward.

lapierre
Seal/Sunset Beach, OC, CA
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Aug 20 2024 11:08AM     link to this

guessing the strike contributed to the current situation.
1. production shut down / cancelled
2. caused a relocation of production - maybe for cheaper production/non union?

California thinks money grows on trees and taxation is the answer to all problems.

companies are leaving
hollywood is leaving
wealthy people are leaving
DRPW
Buena Park, OC, CA
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since Aug 29 2017

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Aug 20 2024 11:26AM     link to this

I saw an interview with Matt Damon and he had a great explanation for the change in the film industry at least.

It used be when you made a film, you would make a big chunk of money when the film opened in theatres. Then months later another chunk when the DVD was released. Now with Streaming, that has changed everything.

I just got a bunch of gear from a Post Production house in Burbank that was downsizing and closing a location.

3 iMac, 3 Mac Studio monitors and 5 big Pelican cases for gear.

All given to me free.
x2luv
Arcadia, SGV, LA, CA
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Aug 20 2024 12:01PM     link to this

DRPW,
I recall domestic theatrical releases came out, then few months later they went international. VHS releases were timed for Christmas or about a year later. I miss that trickle release, I used to be excited to watch a movie again from Blockbuster or LaserDisc.
I was also excited for soundtracks on cassettes or CD's. You'd have 1 regular soundtrack album, and then you'd really have to look around to find the Score album when Wherehouse didn't have them.

They definitely got my money from multiple avenues back in the day.

Now I have a annual movie theater membership and streaming accounts for music and videos. All this for the same price as 1 movie/dvd/soundtrack back in the day.
elmariachi
Irvine, OC, CA
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since Dec 22 2021

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Aug 20 2024 12:30PM     link to this

I have also been affected by this. Iโ€™m in the industry and a big part of my income was the rental of gear. Digital cinema cameras and lenses. I havenโ€™t gotten a rental in six months, even at low prices.
ninjaplease1983
SFV, LA, CA
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since Dec 18 2018

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Aug 21 2024 12:21AM     link to this

i just hope it can recover to point that jobs will come back in some kind of capacity. So i can continue to see the beautiful ladies of HX. ๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚
There are 14 comments on this blog.