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Sunday, Mar 15, 2009

SAG plays politics with peace

Posted by dgore

GRAZIADIO IN THE NEWS

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As studios slowly push films back into production, no longer seeing the threat of a strike on the immediate horizon, the Hollywood economy is bound to continue lagging until the SAG (Screen Actors Guild) fracas is settled, the Hollywood Reporter wrote today.

“Anytime that you live in a time of uncertainty, it does cause more unnecessary noise in the economics of the media industry,” Pepperdine economist David Smith said. “So there are probably going to be fewer productions, fewer blockbusters. They are moving forward, but at the same time, both parties get hurt.” [Full Article]

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