Do the Do - Professor Todd Holmes, PhD - Hollywood Strikes

In The Hot Box

📢 Hollywood Strikes with Professor Todd Holmes, PhD🎙️

Welcome to another captivating episode of "Do the Do." Today, we're taking a deep dive into the ongoing Hollywood strikes and their far-reaching consequences on the entertainment industry. Join us as we dissect these strikes, their implications, and what the future holds for Hollywood. Our esteemed guest for today is none other than Professor Todd Holmes, Ph.D., an authority in Entertainment Media Management at California State University, Northridge. He's here to provide invaluable insights and share his expert opinions on the industry's future.

🌆 The Hollywood Strikes: A Closer Look

In Hollywood, two significant strikes have shaken the very foundations of the entertainment landscape. The Writers Guild of America (WGA) initiated their strike on May 2nd, 2023, and were soon joined by the Screen Actors Guild of America (SAG-AFTRA) on July 11th, 2023. These strikes have cast a long shadow over the local entertainment industry.

As of October 23rd, 2023, Film LA's report revealed a staggering 64 percent drop in filming permits for feature films and television projects in Los Angeles compared to the same week in 2022. These strikes have not only disrupted the industry but have also led to significant job losses. In August 2023, the Bureau of Labor Statistics reported a devastating decline of 17,000 jobs in the entertainment sector compared to July 2023.

In just one month, 17,000 jobs vanished, and these repercussions extend beyond the studios, impacting the local economy and ancillary industries, including catering, transportation, and hospitality. The Los Angeles County of Economic Development Corporation emphasizes that the entertainment industry generates over $130 billion in economic activity annually and supports more than 600,000 jobs.

📊 Expert Insights: Dr. Todd Holmes, PhD

With the strikes ongoing and negotiations with the Alliance of Motion Picture and Television Producers (AMPTP) moving at a sluggish pace, we've invited Dr. Todd Holmes to share his insights. Dr. Holmes, a Professor of Entertainment Media Management and former account executive for CBS, WB, and UPN affiliates, provides a unique perspective.

Stay tuned for more insightful discussions on how to Do the Do 🎥🎤

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