Is it 1989 all over again?

Instead of the sudden exit of aerospace contractors in a softening market, we have the sudden cessation of all movie and tv production and allied trades. What is this going to do?

No writers= no shows, and the news writers are scheduled for November 15, the actors for this summer.

No shows or movies = no best boys, gaffers, studio runners, producers, etc. No marketing, no advertising, and most importantly, no lunches at Craft or Mozza. No Starbucks, no dry cleaning, no dog-walkers or daycare for those affected by the production stop.

I just sold my house in September to a lovely couple who toil in special effects for television. Unless they have considerable assets banked that are not currently in the house, I fear the bank may end up with that house within a year or so.

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