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Financial Challenges and Gen Z Trends in Hollywood
The speaker discusses the financial challenges faced by Hollywood actors in terms of residuals from past movies and the impact of legal fees on their cash flow. They mention that even prominent actors like Kevin Spacey may face cash flow issues due to high expenses like taxes and asset maintenance. The speaker compares residual income to primary income and implies that actors may not be as wealthy as perceived due to decreasing residual income. Additionally, they mention that some Hollywood actors, including Kevin Spacey, are seeking interviews and sharing their financial struggles, potentially causing discomfort among Hollywood establishments. Finally, the speaker touches on a Gen Z trend where 26% are bringing parents to job interviews, highlighting a concerning dynamic in the workforce.