Industry pain

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The Hollywood sign is seen as it is repainted in preparation for its 100th anniversary in 2023, in Hollywood on Sept. 28, 2022.After taking a buyout from a major company, an L.A.-born producer is struggling to make ends meet, illustrating how locals working in the entertainment industry are being priced out of their own city.Those who enter Hollywood from a middle-class L.A.

With a consulting gig that offers freedom but requires constant hustle, once the basics are accounted for in Los Angeles, there’s not only no money left for a retirement fund for this person who’s 43 years old, but also no vacations and relying on their parents’ Costco runs for such basics as toilet paper and paper towels.This development producer accepted a voluntary buyout from a major entertainment company.

 

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The Biggest Legal Battles Shaping the Fashion Industry TodayAccessible Luxury Goes on Trial — 2024  After giving fashion-specific deals a pass for a generation or more, the FTC sued to block Tapestry’s $8.5 billion buyout of Capri, a transaction that would bring Coach, Kate Spade and Michael Kors all under one roof.
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Stock market today: Asian shares gain as China eases rates to aid property industryAsian shares have advanced, with Chinese markets logging the biggest gains after the central bank announced a slew of measures to support the economy. Shares in Hong Kong jumped 2%. U.S. futures edged lower while oil prices gained. On Monday, U.S. stock indexes reached new heights with the S&P 500 gaining 0.
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Fawn Weaver’s Entrepreneurial Journey as an Outsider in the Spirits IndustryCan Uncle Nearest co-founder Fawn Weaver get the capital she needs to expand her successful whiskey brand into an alcoholic beverages conglomerate?
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