Is Hollywood ready to reopen?

Is Hollywood ready to reopen?

Hello everyone! We at BSI are hopeful you are staying safe and enjoying life as best you can during this pandemic.

Our executive producers recently spoke with studio and streaming executives regarding production challenges covid has created.

The biggest challenges include resolving legal issues with the unions and guilds regarding who pays for health insurance if someone gets sick during production, who pays for sick leave (requirement in CA and NY.)

Also, given insurance companies are not providing Covid insurance or completion bonds, the entire industry and investors are responsible for 100% of the liability associated for producing content.

All these discussions have taken place and are still being worked on. However, now that 10 people of Will Smith’s production company tested positive for covid, executives are reviewing again all options for re-opening, but no universal decisions have been made yet.

Note: Although there are significant challenges to address when it comes to producing content, the film industry in Hollywood is open, but submitting, and pitching new content is almost non-existent.

Email us if you have questions

Gigi

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