New Hollywood Economics Squeezes Stars

“Movie and television studios, facing escalating budgets, rampant piracy and the uncertain future of new media, are demanding concessions from talent. But as actors, directors and writers feel the squeeze, many are not happy about it. Worse, the tension is not likely to ease soon. As studios are set to begin contract negotiations with talent in January, all sides are girding for battle.”

Source: The New York Times - 11/07/06