Hollywood vs. The Economy

Issue 3: The Economy.
Record high number of foreclosures, record high unemployment, and retail numbers are below average. Despite the realism, the Dow Jones is performing unexpectedly well returning to levels of 10,000 plus (A good sign).

My Comment: Well, this one does not appear to be exactly about television, however every industry is affected by current economic conditions.

Moreover, television and media are advertising based business models. When advertisers (Corporations) are spending less, your television programs and shows are the first to be called into question.

If you have been an avid reader of this blog, you by now will completely grasp the intertwined connection of the television business model. Television is largely a very fragile business that maintains a constant fluctuation of cost and profit margins. It is indeed a tireless battle to present a quality product (ex. Your Favorite Show) while maintaining a limited budget.

Unlike a Motion Picture, which of course exudes a larger budget (Derived from investors, not so much advertisers), the small screen is technically a front line expense for many advertising budgets and the return is not always immediately apparent in comparison to the opening weekend of a Motion Picture (Success or failure is known within the first opening week).

Furthermore, the good news, or so the News Media insists, is the fact that we are on the up and we are all certainly looking forward to the results as I have a multitude of projects to release before the end of the year for you. So, now let's get back to work...