<p><span style="font-weight: 400;">According to a </span><a href="https://www.wsj.com/business/media/see-how-hollywoods-job-market-is-collapsing-230be437?mod=e2tw"><span style="font-weight: 400;">new report</span></a><span style="font-weight: 400;"> from The Wall Street Journal, the Hollywood job market is collapsing at an alarming rate.</span></p>
<p><span style="font-weight: 400;">The news outlet found that entertainment motion picture and video production employment saw a 30% reduction in jobs as compared to 2022. That includes work for actors, carpenters, costume makers, and the hundreds of other professions behind movies and TV shows.</span></p>
<p><span style="font-weight: 400;">WSJ noted that studios are making fewer movies and shows in general, and that when they do, those projects are often being made in countries that offer cheaper prices for filming.</span></p>
<p><span style="font-weight: 400;">Noah Wyle, who stars in and serves as executive producer of the popular medical drama “The Pitt,” said it was “a near cratering of our once thriving industry.”</span></p>
<p><span style="font-weight: 400;">The outlet noted that studios, labor unions, and soundstage owners have been pushing for a federal tax incentive of 15%, which could be combined with state incentives ranging from 20% to 40%. They claim this would entice studios to bring production back to the United States.</span></p>
<p><span style="font-weight: 400;">But even if those incentives brought the action back to Hollywood, it wouldn’t solve the issue of a general downturn in output. Hollywood has been serving up </span><a href="https://www.dailywire.com/news/hollywood-just-had-its-worst-summer-box-office-in-over-40-years"><span style="font-weight: 400;">a lot of flops lately</span></a><span style="font-weight: 400;">, and that track record has led to major studios being more cautious with what they’re willing to make. This likely has a lot to do with churning out woke crap that audiences are sick of seeing, even if they’d never admit it.</span></p>
<p><span style="font-weight: 400;">The bad box office results are being blamed on the rise of streaming, short attention spans in the TikTok age, and a general refusal of audiences to return to theaters in a post-COVID world, among other issues. Hollywood analysts insist there is too much competition to make a great hit. But then a success story like “Project Hail Mary” comes along and </span><a href="https://www.dailywire.com/news/hollywood-learned-the-wrong-lesson-from-project-hail-mary"><span style="font-weight: 400;">blows that theory to shreds</span></a><span style="font-weight: 400;">.</span></p>
<p><span style="font-weight: 400;">In September, President Trump addressed the issue, threatening a “100% tariff” on films made overseas in an effort to bring movie production back to the United States.</span></p>
<p><span style="font-weight: 400;">“Our movie making business has been stolen from the United States of America, by other Countries, just like stealing ‘candy from a baby.’ California, with its weak and incompetent Governor, has been particularly hard hit! Therefore, in order to solve this long time, never ending problem, I will be imposing a 100% Tariff on any and all movies that are made outside of the United States,” the president shared in a Truth Social post at the time, echoing similar statements he made in May.</span></p>

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Hollywood Is In Deep Trouble And May Have Itself To Blame