Latest news with #MatthewBelloni
CBS News
3 days ago
- Business
- CBS News
Concern grows over whether Hollywood's film and TV industry can survive in California
Los Angeles — For years, Phil Mangano made a good living as a film and television editor in Los Angeles. "It was just job after job after job," Mangano told CBS News. "…Very consistent work." But after Hollywood writers and actors went on monthslong strikes in 2023, production ground to a halt. California lost roughly 40,000 film and tv jobs that year alone, according to the U.S. Bureau of Labor Statistics. "When that finally settled, we were like, OK, great, things will come back," Mangano said. "And there has been no significant increase in job opportunities." Since its peak in 2021, television production in the greater Los Angeles area has decreased by 58%, according to the nonprofit group FilmLA, which handles film permitting for the city and county of Los Angeles. The number of shoot days for television fell from 18,560 in 2021 to 7,716 in 2024. And in the first quarter of 2025, on-location production in L.A. declined by 22.4% from the same period last year, per numbers from FilmLA. "Right now, it's a triage situation. The patient is dying and you need to bring it back to life," Matthew Belloni, who covers show business for Puck News and hosts the popular podcast "The Town," told CBS News. Belloni says Hollywood productions, and hence the jobs, have gone to other U.S. states and other countries who are willing to offer generous tax incentives. "Some European countries that are offering up to 40% back on these productions," Belloni said. "And that's incredibly influential." California Gov. Gavin Newsom wants to stop the bleeding by more than doubling the state's annual film and TV tax credits from $330 million to $750 million. "Film and film making, pre and post-production, it's on life support," Newsom told reporters earlier this month. "L.A. County and L.A. city are struggling." But is the proposal too little too late? "The sad reality is that California has sat on this issue for 30 years," Belloni said. Belloni is unsure if California can provide enough tax credits to offset the high cost of working in the state. "Other jurisdictions have done their own aggressive cuts to that bureaucracy," Belloni said. "Is California willing to do that? Don't know." In the meantime, Mangano and thousands of others in Hollywood are looking for whatever work they can find. "I applied for a job at Costco a couple months ago," said Mangano, who adds that he cannot hold out "much longer." "I have a little savings left," he adds. "We're hoping that'll float us for a few more months. And then we have to start making some hard decisions…Whether or not we can keep the house."
Yahoo
12-02-2025
- Business
- Yahoo
NFL faces antitrust lawsuit over refusal to allow teams to be on Bluesky
The NFL enjoys a couple of important antitrust exemptions. But the collection of 32 independent businesses isn't immune from any and all liability for collective action under the umbrella of Big Shield. Via Matthew Belloni of Puck, the NFL's refusal to allow teams to have official Bluesky accounts has prompted an antitrust lawsuit from consumers who want to follow the various franchises on a platform other than Twitter. The civil action challenges the refusal to do business with Bluesky, reportedly due to the fact that Bluesky has yet to make it worth the NFL's while to allow teams to do business with the upstart challenger to the social-media service that many have fled due to its owner's politics. From the complaint, some fans "do not want to have to follow their teams on Elon Musk's X platform," and that consumers "should be free to decide that they do not want to do business with a particular outlet or brand.' The NFL will undoubtedly commence its defense by trying to force the case from open court and into arbitration. And the first question will be whether and to what extent any of the plaintiffs have agreed to last year's terms and conditions that consent to arbitration and waive the ability to proceed as a class-action. While it doesn't cure the potential underlying violation, it potentially makes it much harder for those who have agreed to those terms to get full and complete justice.
NBC Sports
12-02-2025
- Business
- NBC Sports
NFL faces antitrust lawsuit over refusal to allow teams to be on Bluesky
The NFL enjoys a couple of important antitrust exemptions. But the collection of 32 independent businesses isn't immune from any and all liability for collective action under the umbrella of Big Shield. Via Matthew Belloni of Puck, the NFL's refusal to allow teams to have official Bluesky accounts has prompted an antitrust lawsuit from consumers who want to follow the various franchises on a platform other than Twitter. The civil action challenges the refusal to do business with Bluesky, reportedly due to the fact that Bluesky has yet to make it worth the NFL's while to allow teams to do business with the upstart challenger to the social-media service that many have fled due to its owner's politics. From the complaint, some fans 'do not want to have to follow their teams on Elon Musk's X platform,' and that consumers 'should be free to decide that they do not want to do business with a particular outlet or brand.' The NFL will undoubtedly commence its defense by trying to force the case from open court and into arbitration. And the first question will be whether and to what extent any of the plaintiffs have agreed to last year's terms and conditions that consent to arbitration and waive the ability to proceed as a class-action. While it doesn't cure the potential underlying violation, it potentially makes it much harder for those who have agreed to those terms to get full and complete justice.
