Quote:
Originally Posted by billywatson
Not comical my friend...it's a fucking lie.
No one wants to really admit how much sales are down.
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It's bad. I just took a $500 pay cut per scene from my biggest client. I still make a good profit because of where I shoot but losing $500 is losing $500, no matter how you try to spin it.
I've also watched my own DVDs not only drop dramatically in sales over the past 12 months, but it's much harder to collect on the money that is owed to you. People are being sued, companies are closing down, invoices are not getting paid anywhere near on time... it's fucking bad.
If 50% of the DVD world is still around within 16 - 18 months, I will be shocked. I also expect a good portion of the online community to be gone as well. The recession is going to get MUCH worse, regardless of what the media is telling us now. In fact, it's going to be a full blown depression. Unemployed is now at 9.4 but real unemployment is 20%+ and will also rise. Keep in mind, they only count you as unemployed if you are collecting unemployment and you can only do that for so many weeks. The US dollar is losing value, gas is rising again, and serious inflation is right around the corner. And that's not even touching the piracy and free porn issue.
I hate to be Mr. Gloom and Doom, but shit's about to get real hard for a lot of people.
