Tuesday, July 31, 2007

STRIKE! STRIKE! STRIKE!!

I'm not advocating that there be a strike or that there not be, but from everything I gather it really won't matter by the middle of September, most of the studios will have effectively committed all their development funds. This means: no spec sales unless you are A++ talent and ready to hit the set with the hot little pages in your hand; no work done on existing projects unless your executive is sleeping with the head of accounting, there will be no checks cut on steps not already commenced; no greenlights on anything not already greenlit; no new executive hires, but possibly some folks will get let go during this time (only if the strike actually starts though).

The town is on fire with folks working around-the-clock. LAT had an article about the number of permits FilmLA has issued in the last couple of months -- which doesn't even begin to guesstimate the amount of work going on out of town. My friends who work at agencies are telling me it is a frantic scramble to get clients on to jobs before there aren't any and my writer friends are telling me they are being told by their studio bosses that if the projects they turn in aren't greenlight-able there probably won't be another step for a while, if ever.

This is a good time to work on your spec material, save your money, and get ready for the post-strike glut when the studios have to prove to top talent that they have money -- the last time there was a near-miss, in 2001, the months preceding and immediately after the strike were ripe for spec writers. A lot of pitches were sold as well, but studios were eager to show that they had budgeted well and were still in business.

Anyway, it's also a good time to take that long vacation in the Andes you've always wanted, but couldn't ever find the time for. You've got about 8 weeks to plan it. :-)

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