News

During the 2023 Hollywood strikes, the Los Angeles region’s share of national Film and TV employment fell to 27%, compared to 35% just the year before. The stat is from a new study, “Die Another Day”, Part 2 of Otis College Report on the Creative Economy. It also examines the evolution of the entertainment workforce, which has become less dependent on traditional film and TV business as well as more white collar and racially diverse in the streaming era.

Part 1 of the study conducted by Westwood Economics and Planning Associates, which also used a movie title for its name, “The Day After Tomorrow,” reported a 17% drop in entertainment industry employment from April to October 2023 as a result of the WGA and SAG-AFTRA strikes, compounded by the ongoing post Peak TV contraction.

The followup report (you can read it in full here) focuses on the sea changes in the entertainment industry’s makeup, with...

Despite the now resolved writers and actors strikes shutting down Hollywood production the past several months, the loss of tens of thousands of Tinseltown jobs this year is actually part of a larger economic contraction, a just released study claims – and those gigs may not be coming back.

“Entertainment Industry employment in Los Angeles this year peaked in April, when 142,652 workers were employed by the Industry,” says Otis College of Art and Design’s The Day After Tomorrow study, produced by Westwood Economics and Planning Associates. “As of October, there were 24,799 fewer workers employed by the Industry than there were in April,” the California-centric report states.

Set to be the first of two studies on the entertainment biz, the report released Thursday (read it here) estimates “Greater Los Angeles Entertainment Industry workers lost roughly $1.4 billion in wages between April and September 2023, or roughly 0.5% of the industry’s annual economic activity.