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Top line:
It depicts a Los Angeles-born producer struggling to make a living after being bought out by a major corporation, and how locals working in the entertainment industry are priced out of their own city.
Why it matters: People who come from middle-class Los Angeles backgrounds and make it to Hollywood don’t have Midwestern families to call home. They are also not keen on uprooting themselves and moving somewhere else. Once he’s done the basics in Los Angeles, a consulting job that offers freedom but demands constant effort, the 43-year-old not only doesn’t have any money left for retirement; I have no vacation and can’t rely on my parents. At Costco, you can buy essentials like toilet paper and paper towels.
Producer’s predicament: This development producer accepted a voluntary acquisition from a major entertainment company. Now working as independent consultants, their monthly salaries are approximately $3,000 to $4,500, and they and their spouses adhere to strict budgets and allow for occasional luxuries ($100 a month for excursions and other treats). ) are only recognized.
Let’s move on: Producers say they get so depressed, especially when they hear that a friend or colleague has been fired, that some days they don’t want to get out of bed. But they choose to move forward anyway, developing projects, supporting creatives, and building community.
For more information, read the full article on The Ankler.
This article is published in partnership with The Ankler, a paid subscription publication about the entertainment industry.