Toby Howell

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The actors have a point.

Hollywood studios are making fewer movies.

They're making fewer TV shows than they did even a few years ago.

There's been a 30% drop in employment too since 2022 for actors, carpenters, costumers, all the professionals that

make up the movie industry.

That is according to Labor Department data.

And most big budget movies, if they even are happening, are no longer happening in Hollywood anymore.

A lot of them are shooting overseas.

They want to take advantage of tax credits.

So when you talk about the industry anxiety right now, yes, they're centering it on this particular merger between Paramount and Warner Brothers.

But just in general, the movie industry in Hollywood in general is not in a very stable place right now.

And Ellison has said, listen, we hear you, creative community.

We want to maintain the theatrical releases that Warner Brothers has done in the past.

They've pledged to release at least 30 movies in theaters annually.

But that is kind of going against the grain of where the industry is moving right now.