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11/15/2007

Entertainment Industry of New York losing billions

Entertainment Industry of New York losing billions

As the Broadway’s strike continuing for the week the entertainment Industry is losing billions in New York. The negotiations to settle down the strikes are under process and theater goers are trying to find a alternative media for getting entertained.

Broadway’s stagehands are also on strike. Stagehands make $939 million of annual sales and contribute worthy revenue to the government.

The strike is getting supported by Stagehands that will stop the 27 shows of Broadway out of 35 that make maximum profits in the festive season. The theatres are getting queried from the regular viewers that come not only from the city but also from nearby places.

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More: Hollywood News

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