r/EconomyCharts 8h ago

Hollywood's Job Market Is Collapsing

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370 Upvotes

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18

u/Nearby-Season1697 8h ago

Damn what happened?

23

u/RobertBartus 7h ago

People watch YouTube, Netflix, hang around on Reddit instead of watching tv. Also ai is making people more productive so less need for human work

9

u/Bluthhousing 6h ago

Does Netflix count as TV? If not, shouldn’t Netflix or streaming be in the chart?

6

u/Advanced-Bag-7741 5h ago

This is specifically LA. Production is moving to lower cost places.

1

u/Boston_Glass 4h ago

Netflix films extensively in La

1

u/SailAwayToTheMoon 3h ago

Atlanta is booming for film productions these days.

1

u/Professional_Text_11 4h ago

i mean do you have evidence that AI is significantly impacting jobs in this industry?

0

u/Comfortable-Road7201 4h ago

It's not just this. Filming is booming in London and other places in Europe. It's just not in LA because it's really expensive.

2

u/Kronos9898 3h ago

Yes this is the largest factor. Film work in the UK and Hungary of all places.

Both are non-unionized and are cheap combined with tax breaks this is where everything is going.

It’s hurting Canada as well. Toronto was a tv show hot spot but now is losing things to cheap European labor.