Sunday, February 01, 2009

Henry Waxman: The True Face of Hollywood

The Washington Times reports:
Since Mr. Waxman was first elected to office in 1974 to represent much of the entertainment business's core working population, many of the industry´s rank-and-file jobs have flown the coop. Film and television production have gone to places like Canada, Mexico, Australia, New Zealand, Romania and beyond - because California is no longer hospitable for doing business.

According to a recent report from the Center for Entertainment Industry Data and Research, Hollywood has been rocked by lost feature-film production. Despite a 30 percent rise in overall production, the value of productions in the U.S. has declined from $3.93 billion in 1998 to $3.38 billion in 2005, a statistic that when ripple effects throughout the economy are added in, the Center estimated has cost 47,000 jobs per year and $23 billion.

Where was Henry?