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Hollywood Faces Paradigm Shift
by
Galloway, Stephen
in
Actors
/ Mayer, Louis B
/ Motion picture directors & producers
2023
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Hollywood Faces Paradigm Shift
by
Galloway, Stephen
in
Actors
/ Mayer, Louis B
/ Motion picture directors & producers
2023
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Trade Publication Article
Hollywood Faces Paradigm Shift
2023
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Overview
America was in the throes of the Great Depression; film attendance was dropping; and Mayer (then the highest-paid executive in the country) wasn't sure how much longer his dream factory could last. Three and a half months since the Writers Guild of America (WGA) stopped work on May 2, and several weeks since the Screen Actors Guild (SAG) did the same on July 14, talks have sputtered off and on at press time, with the latest being held Aug. 15. [...]blue-chip companies like Disney and Warner Bros. have slashed their workforce by thousands, while watching their stock price hit new lows.
Publisher
CBJ, L. P
Subject
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