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By Elizabeth Guider, Feb 20, 2008The ricochet effect from the writers strike might be more far-reaching and long-lasting than first thought.
So says Jack Kyser in his just-released annual "Economic Forecast Report" for Los Angeles County and its surrounding areas.
The work stoppage that started Nov. 5 and was settled early this month already has cost the town an estimated $2.5 billion, according to Kyser, the chief economist for the Los Angeles County Economic Development Corp.
Screen Actors Guild might go on strike in June.
Bad news for movies and TV!
Most RecentMost Recommended Comments (3)
at 14:02 on February 20th, 2008
I'm sure La-La-Land's economy will bounce back with more plastic surgeries and purchased paparazzi pics then ever before! But, seriously, a SAG strike would be no good for anyone...and maybe once they've sorted the actors, the directors can take their turn on the picket line. Go Hollywood go.
at 20:46 on February 20th, 2008
René, I like this story. It's good stuff.
I have a request to work on a screenplay sitting in my inbox. Now I can seriously evaluate it! :)
at 13:02 on February 21st, 2008
Better go, 'girl'! There are some serious deadlines on writers just now. Probably a little pay-back from the ones who were recently desperate to get their writers back. Many shows have been cancelled, so fewer jobs for writers to compete for.