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Transcription
The ongoing negotiations between unions and studios have far-reaching impacts beyond just union members. Makeup artists, set caterers, cinematographers, casting agents, and other industry workers are also affected. The delay in negotiations not only affects the leading unions, but also leaves many entertainment workers without jobs. The ripple effect extends to audience numbers, movie theaters, merchandise sales, international distribution, and even the economies of countries dependent on the entertainment industry. Some analysts predict a 30% drop in the domestic box office in 2024 compared to 2023. Although the ones on the picket lines are gaining the most media traction, there's a multitude of impacts that stretch beyond union members and studios. The leading unions may be at the forefront, but this ripple effect is hitting hard on the unsung heroes of the industry. The makeup artists, set caterers, cinematographers, casting agents, and countless others. The postponement of negotiations isn't just putting the leading unions out of work, it's leaving a whole army of entertainment workers without a stage. And it's not just about the people behind the unions, but the audience numbers and movie theaters too. Some analysts are even estimating that the domestic box office could be off some 30% in 2024 from 2023. This isn't just about the studios taking a hit anymore, it's a domino effect, impacting merchandise sales, international distribution, and even the economies of countries that thrive on the entertainment industry.
