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Industry Downturn

All articles tagged with #industry downturn

TV Writers Face Fear and Brutality in Today's Industry

Originally Published 1 year ago — by Hollywood Reporter

The TV writing industry is facing a brutal time as opportunities shrink and job insecurity grows due to a wave of downsizing and a shift from Peak TV to austerity. Many writers are struggling to find work, with fewer shows being greenlit and fewer spots in writers rooms. The lack of pilots and a decrease in scripted TV series have left writers scrambling for multiple gigs to make a livable wage. Financial assistance programs are seeing increased demand, and many writers are considering leaving the industry altogether. Despite the current lull, some industry insiders remain optimistic that the market will pick up again in the near future.

entertainment entertainment entertainment financial-assistance industry-downturn industry-transformation job-insecurity tv-writing

Micron's Mixed Guidance Overshadows Strong Q4 Results

Originally Published 2 years ago — by Investor's Business Daily

Memory-chip maker Micron Technology reported fiscal fourth-quarter profit and revenue that exceeded analyst estimates, despite a downturn in the industry. However, the company's outlook was mixed as pricing slowly stabilizes. Micron's stock fell over 5% in response to the news. The company's performance positions it well for a market recovery in 2024, driven by increasing demand and disciplined supply. Micron makes two main types of memory chips, and analysts expect memory chip pricing to firm up in fiscal 2024.

business businesstechnology businesstechnology earnings industry-downturn memory-chip-maker micron-technology outlook