Boom Times for Streaming, Not for Hollywood Jobs
Bloomberg Businessweek|November 23 - 30, 2020
Boom Times for Streaming, Not for Hollywood Jobs
That the Covid-19 pandemic has been a disaster for those who work in live entertainment is no surprise.
Justin Fox

But it’s also been devastating for those employed in movie and video production. People have been consuming the industry’s goods at record rates—mostly via streaming services—yet employment fell almost as sharply from February to May as it did in the arts, live entertainment, and recreation sector (49% vs. 52%). Through September only a third of the lost jobs had come back.


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November 23 - 30, 2020