And the parties account for a big piece of the pie?
Its a huge impact.
We count at least five parties that have been canceled, and that comes to about $2.5 million.
Credit: Ric Francis/AP
And the pain is being spread to a lot of unexpected sectors of the economy.
The people that would be working the parties, the same situation.
So youve got that impact.
Do you know which parties have been canceled?
NBC-Universal, HBO, Warner Bros-In-Style, The Weinstein Company, and Fox-Searchlight.
This is not going to be something that people want to watch.
As somebody said, watching a press conference is almost like watching paint dry.
addCredit(Ric Francis/AP)
What about the Academy Awards?
Weve done more research on that, and thats around $130 million, and
it has unexpected impacts.
So its just spreading.
Do you know what these cancellation policies are like?
There must be a deposit thats lost in the process.
Yes, there is a deposit that is lost in the process.
Theres pain for a lot of
people out there.
Theyre trying to hit the studios in their pocketbooks.
Do any of your numbers or predictions account for advertising that would be lost in airing these shows?
NBC estimates that theyre going to lose about $14 to $15 million in ad revenues.
It doesnt seem like people really thought this would go into the New Year.
And that negotiations would be so bitter.
Has this provoked any movement from Gov.
No, the governor has his hands full up in Sacramento.
Some people have asked
about [Los Angeles] Mayor Villaraigosa, and here again, not much
movement.
Do you think this is going to have any affect on the presidential candidates?
So its just spreading.
Do you know what these cancellation policies are like?
Theres pain for a lot ofpeople out there.
Theres pain there, and Ithink you are going to start to see the WGA probably lose somesympathy.
Has this provoked any movement from Gov.
Schwarzenegger?No, the governor has his hands full up in Sacramento.
Some people have askedabout [Los Angeles] Mayor Villaraigosa, and here again, not muchmovement.
Do you think this is going to have any affect on the presidential candidates?No.
