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Media & Entertainment Law
: Digital Media LawSAG Cutting Staff by 8%
By Jonathan Handel, Esq.
The budget shortfall is allegedly due in part to uncontrolled spending by SAG while it was underMembershipFirst control for the last several years, according to a report on SAGWatch. The larger economic crisis is no doubt another factor.
That 8% figure is about the percentage several studios have cut recently as well. The trades (Variety and Hollywood Reporter) and LA Times have cut as well, the latter even more significantly. Day jobs such as waiters, temps and personal trainers are down as well, as one of the trades recently pointed out (apologies - I don't remember which one). Dark days in Hollywood.
Full post as published by Digital Media Law on April 22, 2009 (boomark / email).
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