Hollywood unions warn of 25-year decline in U.S. audiovisual production

A coalition of Hollywood unions issued a warning about a sustained decline in U.S. audiovisual production over the past 25 years, alleging structural erosion in the industry. The claim is based on union allegations without specific data or corroboration. This matters as it signals potential labor-market stress in a key U.S. creative sector, though the macroeconomic impact is limited.