Industry Shifts

1 article

An empty, dimly lit Hollywood soundstage with an abandoned director's chair, symbolizing the significant job decline and economic contraction in the entertainment industry.

Fears Grow of 'Detroit-Style' Decline as Hollywood Jobs Evaporate

The dream factory is downsizing. A significant Hollywood job decline, fueled by major industry shifts and economic pressures, is leaving tens of thousands out of work and raising fears of a permanent, 'Detroit-style' contraction in the heart of the entertainment world.

Julian Mercer·April 3, 2026