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Before the dual strikes this year, Faux Library Studio Props in North Hollywood would typically fill up to 20 trucks a day that were picking up props for big Hollywood TV and film projects like “Top Gun: Maverick.” But now, CEO Marc Meyer says the company only sees one truck picking up props — for a TV commercial.

Faux Library Studio Props’ revenue has since dropped from about $150,000 a month to only $10,000, Meyer told TheWrap, and he laid off all 14 of his employees back in June. “If the actors strike is not resolved in a short time, we may be forced to sell some props,” he said. “It is straining my resources to the snapping point.”

Over the past six months, economic losses related to the Hollywood labor disputes have surpassed $6 billion nationally, Kevin Klowden, global strategist at the Milken Institute, estimated. Los Angeles accounts for nearly half of those losses, while...

When Covid hit in 2020 and Hollywood screeched to a hard stop, small businesses that service the film and TV industry didn’t know what to do or how long it would last, but they had places to turn. Local governments offered Ppp funds to those struggling, businesses could maintain a modest baseline income, and as Hollywood collectively worked to develop Covid protocols, some businesses even brought on extra staff to accommodate the demand and new cleaning measures.

Three years later, as those same businesses clung to what’s left of their Ppp funds, the extended work stoppage from the writers and actors strike has taken a similar toll. Some business owners would argue it’s not the same; it’s worse.

“We are making less money now than we were during the pandemic,” Pam Elyea of History for Hire prop house told IndieWire. “There’s not a small business owner...