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this post was submitted on 11 Oct 2024
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When you say the industry is dead, what exactly do you mean? Like working in the industry is no longer a viable career option, or you think that movies/ shows in general aren't going to be good anymore?
I'm not trying to argue your point of it's coming across that way, just not sure exactly what you are saying, I have been loving some recent movies and shows so if something is going to change I will be sad
No new movies and TV shows are being made. I’m a 43 year old industry veteran, forced to look for a new career.
To give you an idea of the scale of the devastation on an anecdotal basis, I used to make $120k/year for the past 10 years like clockwork. The past two years, though: I made $18,00 and $22,000.
https://www.latimes.com/entertainment-arts/business/story/2024-07-11/production-activity-report-hollywood
This article says 40% but that’s in LA. In other places, production is down 90%.
I see... That's a staggering number. Hopefully there are enough rich assholes who like good movies to keep funding the few movies we still get for the next couple decades...
After that, there will always be independent filmmakers, and with the increasing quality of consumer-grade equipment and software, their stuff will get better as the technology improves. Still won't hold a flame to studio production quality, but it will be there
Thank you for your insight