You realize that the Hollywood "industry" in SoCal is in an economic recession, dragging down the entire region, right?
You realize that multiple news sources, who are nothing but left-wing, keep talking about how dire the economic situation is for low level support workers, blue collar workers in the trades, and white collar cubicle drones in the movie industry, right?
The economy of greater Los Angeles is weakened and getting weaker, and the specific industry of show business is at the heart of that weakness. Which has led to Billion dollar budget deficits from LA to Sacramento. But sure, write off yet another mega-million Disney flop and pretend it doesn't matter to the little people. But it matters, and Hollywood's working class is paying the price.
In the wake of the L.A. wildfires, Hollywood's workers members have been helping their own with relief and recovery efforts.
deadline.com
Contraction. Pullback. Market correction. However you want to describe what’s going on in the Hollywood economy right now, there are potentially brutal long-term consequences of the entertainment industry’s shrinkage.
www.latimes.com
After strikes by actors and writers last year, Los Angeles' entertainment economy is struggling to stage a comeback as production activity, employment and box office revenue are down.
www.latimes.com
Rising unemployment, a growing deficit and persistent outmigration are a painful trinity
www.economist.com