The price of exploitation

This time I am going in a different direction, one I know little (say: nothing) about, yet the news the BBC gives me is baffling me. I wonder if the US (and Hollywood) realise the dangers of exploitation, even more important how it could impact their economy. To start this we need to take a look at ‘How a Hollywood strike could affect your favourite TV shows’ (at https://www.bbc.co.uk/news/world-us-canada-65407703). Now to be clear strikes happen, they are almost a fact of life. You are either striking, or you get hit by the impact directly or indirectly. So here we get “The biggest issue is how writers are paid in the new streaming economy, with many reporting lower wages as digital platforms have upended traditional television and film productions, says the Writers Guild of America, the union representing television and film writers.” And then we get the ugly “Hollywood’s business model has been completely disrupted by streaming, and now writers complain of being asked to provide weeks or months of free rewrites of scripts” and that got to me. An institution that gets a billion or more per movie? That institution has to ask for rewrites under zero hours compensation? How fucked up is Hollywood? We can go in any direction, but Hollywood made $7,370,000,000 in 2022. I reckon shelling out 130-150 million for 11,500 Writers Guild member is not that big a leap, especially when you realise that “The last writers’ strike in 2007-2008 lasted 100 days and cost the California economy $2bn (£1.6bn), leading to many cancelled or delayed shows. Some have also credited it with boosting the proliferation of reality TV.” The business person in me states that losing 150 million is preferable to losing 2,000 million to a strike with the added loss of optionally successful TV series. As such I wonder where the greed driven stage of Hollywood is taking them, especially when Canada has its own production companies and they could get up to 100 days of advance house cleaning (the house names Hollywood). That is before you consider Brandon Hines who gives us “I just wrote on a show and I can’t eat, I rely on government assistance.” A series writer on government assistance? And you wonder why the writing guild is angry? Now there is another side, there are so many shows pushed out at present that I feel that something will have to give. A place like Netflix alone is allegedly spending $17,000,000,000 for content in 2024. I have no idea what the drill down is and it is likely too complex, yet I expect that writers are undervalued there as well. So what happens when the cream of the crop vacates to Canada or the UK (or Australia)? You can scream all you like, but these people seemingly have had enough and puts the pressure in other places too. All these TV hosts that suddenly cannot sound funny anymore. All these hosts that have nothing on the tele-prompter when that takes a front seat the Hollywood economy will take a dive whilst they rely on second or third class writers. So what happens to the Kingdom of the Planet of the Apes (2024) when it relies on writing students scripting the day away? What happens when an expected revenue of this movie ($1.7B) makes no more than $850M? I can tell you that the investors will take a run towards Canada and the UK, optionally Australia as well.

You tell me what the gain of greed is, because as I see it there is absolutely no positive side to that, but wait until May 8th 2023 and see shows (movies too) getting cancelled. All this was a simple application of Business Intelligence, an abacus was enough to set the parameters of this folly. The weird part is that we see “Hollywood’s business model has been completely disrupted by streaming”, they had years to correct for that and I would reckon that a revue savvy place like Hollywood would have their own regiment of BI people all over the place. So what did I see that THEY ignored, you tell me because I am at a loss.

Enjoy the weekend