This year 380 Hollywood productions moved to Europe to save money due to the increased payout resulting from the strikes. The theatrical teamsters and IATSE have contract negotiations this year and productions are also going a step further by reducing crew and the amount of production in the US, just as they did last year, in anticipation of more strikes. All of Hollywood is doing terrible right now, most of the “below the line” crew are happy just to be working. Source: I am a union member. Addendum: Streaming services controlled by Wall Street are allegedly the problem. Whereas before, studios would spend money recklessly for the purpose of “art”, they are now forced to be economical about what they create, and the old Hollywood Studios are having difficulty competing.

This year 380 Hollywood productions moved to Europe to save money due to the increased payout resulting from the strikes. The theatrical teamsters and IATSE have contract negotiations this year and productions are also going a step further by reducing crew and the amount or production in the US, just as they did last year, in anticipation of more strikes. All of Hollywood is doing terrible right now, most of the “below the line” crew are happy just to be working. Source: I am a union member. Addendum: Streaming services controlled by Wall Street are allegedly the problem. Whereas before, studios would spend money recklessly for the purpose of “art”, they are now forced to be economical about what they create, and the old Hollywood Studios are having difficulty competing.