664 - Hollywood Got Old
Scriptnotes Podcast
Deep Dive
Why does anxiety about uncertainty persist in the entertainment industry?
Anxiety arises because screenwriters and industry professionals are often waiting for decisions that directly impact their careers, such as script approvals or project green lights. These decisions are often out of their control, leading to prolonged periods of uncertainty and stress.
How has the aging of Hollywood executives impacted the industry?
In the 1980s and 90s, many studio heads were in their late 20s and early 30s, but as they've aged, they've held onto their positions, creating a logjam that prevents younger talent from advancing. This has limited opportunities for the next generation of executives and producers.
What is the 'development wage theft' issue in Hollywood?
Development wage theft refers to the practice of unpaid or underpaid development work, especially in television, where writers are often hired for short-term 'mini rooms' to develop pilots without guaranteed payment beyond a minimum wage. This has escalated with the collapse of the traditional TV cycle, leading to prolonged periods of unpaid development.
How does the cost-plus model in streaming affect writers and creators?
The cost-plus model, where creators are paid a fixed amount based on production costs plus a small margin, limits their upside potential. It disproportionately affects runaway hits, as success on streaming platforms doesn't translate into additional payments for creators, unlike traditional residuals. This model is seen as unfavorable for most creators, as it reduces financial incentives for success.
What strategies can help manage anxiety during uncertain times?
Strategies include recognizing that uncertainty is a natural part of life and focusing on what you can control, such as working on the next project or seeking new opportunities. It's also helpful to set boundaries for worry, such as avoiding social media after a certain time, and using techniques like deep breathing or physical activities to break anxiety loops.
Why is there a lack of ambition among younger industry professionals?
Younger professionals may feel less ambitious due to the distractions of social media and the constant comparison to others' lives. Additionally, the perception that the industry is an 'impregnable vault' can lead to a sense of helplessness. The rise of tall poppy syndrome on social media, where people are quick to criticize those who rise quickly, also contributes to this lack of ambition.
How does the rise of management companies impact the traditional studio system?
Management companies have largely replaced the traditional production companies, taking on the role of producers and offering more opportunities for writers early in their careers. However, this shift has also created a new layer of complexity, as managers now act as producers, blurring the lines between representation and production.
What is the 'mini room' system in television development?
The 'mini room' system involves hiring writers for short-term development periods (typically 8 weeks) to work on projects that may or may not be greenlit. Writers are often paid minimum wage, and the system lacks job security, as only one writer may be kept on to continue the project while others are let go.
How does the lack of a traditional TV cycle affect writers?
The lack of a traditional TV cycle means that writers are often stuck in prolonged development phases without clear timelines or guarantees of when their projects will move forward. This creates uncertainty and makes it difficult for writers to plan their careers, as they can't predict when they'll be able to move on to new projects.
What is the significance of Vince McMahon's approach to entertainment in 'Mr. McMahon'?
Vince McMahon's approach to entertainment, as highlighted in the documentary 'Mr. McMahon,' emphasizes the power of negative emotions like disgust, hatred, and betrayal to engage audiences. By creating himself as a villain, he successfully turned audience hatred into a business strategy, demonstrating how strong emotions, both positive and negative, can drive engagement.
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