TheGreatDepression

How the Great Depression Reshaped Hollywood Studios’ Ties With Workers

How the Great Depression Reshaped Hollywood Studios’ Ties With Workers

BY ERIC HOYT | HollywoodReporter.ComTroy Warren for CNT #Entertainment  #BusinessThe crash culminating in the March 1933 bank holiday — in which workers felt studios used the crisis to cut salaries and increase corporate profits — proved a pivotal moment for the industry, as depicted in forthcoming book ‘Ink-Stained Hollywood.’“The motion picture business is neither depression-proof nor fool-proof,” observed Abram F. Myers in the pages of Film Daily and The Film Daily Year Book at the dawn of 1932. The occasion was reflections from industry leaders on the past year, and Myers, the chairman of the Allied States Association and longtime…
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