EXCLUSIVE: Hollywood’s unions are hurting. Membership dues, their largest source of revenue, have plummeted during the pandemic as a result of massive job losses and dues relief they’ve provided to their members.
Annual financial reports that have just been filed with the Department of Labor show that entertainment industry unions across the country suffered tens of millions of dollars in dues shortfalls last year compared with 2019.
Some unions saw their dues intake reduced by more than half.The International Cinematographers Guild, IATSE Local 600, saw its dues intake decline by more than $5 million in 2020 – falling by 33% to its lowest levels since 2012.
Read more on deadline.com
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