Small Businesses Suffer as AMPTP Negotiations Continue

1 min read
Source: Variety
Small Businesses Suffer as AMPTP Negotiations Continue
Photo: Variety
TL;DR Summary

Small businesses in the costume industry, such as United American Costume Company and Kiki's Stash Vintage Collection, are facing dire economic uncertainty due to the strikes by actors and writers in Hollywood. These strikes have led to a slowdown in productions, layoffs, and financial struggles for business owners who are unable to access government loans like they did during the pandemic. Costume suppliers like Western Costume and Valentinos Costume Group have also been hit hard, with reduced staff and decreased business. The situation is causing fear that if the strikes continue for an extended period, many businesses in the motion picture industry may be forced to close their doors.

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