Depression or Recession? Take your pick.

LATimes: As Layoffs Sweep Movie Studios, Hollywood Fears for Its Future. "[The studios] don't see [film] as a prime engine of growth anymore, so they're farming out as much of the risk as they can to private-equity and hedge-fund partners. They are just not as interested in throwing additional capital into the business." I wish to remain optimistic, but I still got no job/gig. Sigh. :-(