The Far-Reaching Economic Effects of Hollywood Strikes

1 min read
Source: NPR
The Far-Reaching Economic Effects of Hollywood Strikes
Photo: NPR
TL;DR Summary

The ongoing strikes by Hollywood writers and actors are not only affecting the industry in California but also having economic impacts on other states. The film and TV industry employs over 1.7 million people outside of California, with wages totaling $158 billion annually. The strikes have led to cancellations of productions, such as the prequel to the show Yellowstone in Montana, causing significant losses for businesses in the state. Similarly, in Georgia, where tax credits attract big productions, the strikes have resulted in a halt in filming, affecting workers like set dresser Brian Smith. The strikes aim to secure better compensation for projects when they are streamed, benefiting industry professionals across the United States.

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