

How Hollywood (and Awards Season) Can Help Rebuild Los Angeles
30 snips Jan 13, 2025
Lucas Shaw, a Bloomberg reporter focused on media and entertainment, dives into the impact of devastating fires on Hollywood and its workforce. He highlights how award events like the Oscars can channel funds for fire victims, emphasizing their importance in sustaining local talent. The discussion also covers long-term challenges for L.A.'s film industry, including potential production shifts and socio-economic disparities. Ultimately, Lucas reflects on the resilience of the community and the role of entertainment in the city's recovery efforts.
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Award Shows as Fundraisers
- Award shows should continue despite the tragedy, but with reduced fanfare.
- They should be leveraged for fundraising and raising awareness for fire victims.
Grammys vs. Oscars for Fundraising
- The Grammys are better suited for fundraising than the Oscars due to their performance-based format.
- Performances naturally align with telethon-style fundraising, unlike the Oscars' award distribution.
Short-Term vs. Long-Term Impact
- The fires' short-term impact on production is significant, but temporary.
- The longer-term impact and potential exodus of talent pose greater challenges.