Where is the Bailout Bill For Actors?

15Oct08

How is your week going?

I just got the following email from my commercial agent:

Hello Everyone:

Over the last couple of months we have seen the stock market move all over the place. I am sure all of you have seen this change in the markets and how it has affected the prices of things all across the board from groceries to gasoline.

It has also affected the entertainment industry. In these harsh economic times we experience a slow-down in the commercial industry. Commercials, of course, don’t cease to exist but will have the tendency to slow down. Just like our own personal finances, ad agencies, production companies, and advertisers tend to pull the purse strings a little tighter. They watch their bottom line a little closer. All of this affects us and our ability to submit you. We can’t submit you for a role if the job doesn’t exist. As many of you know the reason for this slow down is the credit market. Banks have all but stopped lending. They have turned to the Federal government to help them out. I am sure you have all read the news about this bailout plan. Many advertisers rely on short term commercial credit/loans in order to pay for advertising. Until the banks start extending credit again, there will be a slow down. You must understand that what happens on Wall Street affects us who work in commercial advertising.

So how can you as an actor survive during these difficult economic times? Be prepared for opportunity when it does comes your way by continuing with classes, continuing to work hard toward your goals. Many actors tend to take this slow down personally or think their agency is not working hard for them. Some actors go as far as to think “I need to shake things up a bit” and will leave their agency. This is dangerous thinking because you just may fire a good agency because of a bad economic period that is beyond the agency’s control.

We all have friends that have lost their homes and/or have been affected by the recent and constant threat of strikes by the entertainment unions. I do not know how these unprecedented economic times will play out. However, I want you all to keep the lines of communication open with our office. If you have to work full time because you need to pad the bank account and will be unavailable for auditions let us know ahead of time. I personally think, during this time of economic crisis, this would be a great time to do that. The important thing is to keep positive. It will change again.

Please also be aware that, although we are now doing half the break-downs we normally do on a daily basis, we are still very aggressive in submitting everyone for age/ethnic appropriate rolls.

Should anyone have any questions or concerns please do not hesitate to call the office during the business hours of 10am-6:30pm Mon-Fri. We will be glad to assist in any way we can.

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One Response to “Where is the Bailout Bill For Actors?”

  1. 1 cinchy

    That sucks…..Hope it does not affect you.


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