"Steve Newport"
news:6558-47B0960C-475@storefull-3151.bay....
> The writer's strike may finally be coming to an end, but not without
> severe harm to the local economy first.
>
> The strike, which has lasted over 3 months already, has cost the economy
> $2 Billion.
>
> According to the Los Angeles Economic Development Corporation (LAEDC),
> estimates are that a $733 million loss has occurred in production
> spending and another $ billion came from smaller venues, such as
> caterers, florists, hotels, restaurants, car services, and many others.
>
> The biggest blow can be felt by dramatic television, which had 46
> primetime dramas for broadcast and cable TV that were to be filmed in
> Los Angeles during the strike.
>
> With each show employing approximately 200 employees, that's over 9,000
> people unemployed. And considering that each episode costs an average of
> $3 million to produce, that's resulted in a loss of $138 million per
> week in production costs from the economy this year.
>
> /hr/content_display/news/e3i0b3cac8aceae512f32adde861891131b
>
Damn that war in Iraq!
Were it not for the war, we could afford to support the LA economy.