A Bare Market? Once the Strike Is Settled, TV Jobs Could Become More Competitive as Hollywood Cuts Costs
variety.comRELATED: If SAG-AFTRA Goes Out, How Fast Will WGA Go Back in to Negotiations With AMPTP? After a decade of staggering growth in series production, the Great Contraction was destined to hit the creative community.
The Writers Guild of America strike that began May 2 has accelerated the pace of the pruning of content and deals, but the driving force is less the work stoppage and more Hollywood’s reckoning with the changing economics of streaming.
Given all these factors, FX chief John Landgraf’s long-standing prediction of a major contraction in the number of scripted shows in the marketplace will finally come to pass.
One talent agency partner who spoke with Variety said he expects to see an immediate 10% drop from 2022’s record-high 599 scripted series produced by major U.S.
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