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RE: LeoThread 2024-11-28 13:13

in LeoFinance10 months ago

Part 8/8:

In this dynamic landscape, Hollywood teeters amid a recovery from the pandemic blow, ongoing strikes fueled by labor disputes, and significant transformations in how films are produced and consumed. While studios currently appear to possess the required acumen to sidestep their financial obligations, the future may hold the key to change.

As demands for tighter contracts and less ambiguous profit-sharing mechanisms grow, talent and agents must sharpen their negotiation skills. Only time will tell if the loopholes used today will close and bring a level of fairness to an industry rife with financial discrepancies. Until then, Hollywood accounting seems poised to remain an insidious presence, perpetually maintaining a façade of losses while siphoning off millions.