Part 1/8:
The Shift in the Entertainment and Media Industries: A Closer Look
The entertainment and media industries are facing a significant downturn, with predictions of substantial job cuts and an evolving landscape not just for Hollywood, but for traditional media outlets as well. This transformation poses challenges and opportunities—particularly for creatives looking to navigate a shifting environment.
Major Job Cuts Ahead
Recent reports indicate an alarming trend: up to 15,000 job cuts are projected within the entertainment sector in 2024. While some may see this as a slight improvement compared to last year, this decline is overshadowed by the grim outlook that suggests the situation will deteriorate further as the landscape continues to change.