As the Writers Guild of America strike, it will have a major impact on not only the industry but it will also impact small businesses that count on the entertainment industry for survival.As the Writers Guild of America continue their strike, it will have a major impact on not only the industry but it will also impact small businesses that count on the entertainment industry for survival.
"Today, we've just instantly seen a downturn in business," said Shawn Simon, President and CEO of EVS. The union representing these Hollywood writers is pushing for an increase in pay and residuals, with an emphasis on streaming. With writers picketing, rental equipment is staying on the shelves at EVS.
"This year, we felt revenue decrease by about 40%. And now, as of today, you can clearly already see things are softening up even more from the activity today, and even what's on the calendar moving forward," Simon said.