It's a Depression, Charlie Brown

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heyabbott

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Nov 7, 2002
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talented people, making good money are being fired. Major industries are about to be wiped from existence, the wealth of the country has been reduced 50% in 3 months. Not even a 60% reduction in the price of a barrel of oil has slowed down the world wide recession. We are in a depression.

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Fans of “All My Children,” the daytime television soap opera, were stunned last week when Erica Kane, played by Susan Lucci, was stabbed by the seemingly psychotic bride-to-be Annie.
In normal times, there would have been little doubt that Erica would make yet another miraculous recovery, as she has many times in her 38 years on the show. But these are not normal times in the soap opera industry. It seems daytime stalwarts with big salaries are being killed off — or otherwise disposed of — in unprecedented numbers.

“Days of Our Lives” stars Deidre Hall, who joined the show in 1976, and Drake Hogestyn, a 22-year veteran of the show, were unceremoniously given the ax last month; their exact fates won’t be known, however, until they are written out of the series in early 2009.

The villain in each case seems to be the same: the automobile industry. If General Motors thought people were ticked off to think they killed the electric car, wait until rabid soap opera fans start coming after them for the demise of their favorite stars.

According to Advertising Age, automobile advertising cutbacks — not just by G.M., but also by Ford, Chrysler and many local dealers — have pulled the plug on a major funding source for daytime television. Without auto ads, some soap operas — already hammered by falling ratings — may not generate the income that networks need to pay the staffs of writers, technicians and actors these shows entail.

To lower production costs, producers have apparently started targeting the big, budget-straining salaries that have been accrued by the oldest, most-established characters. Some stars seem to have been spared because they were willing to work for less; those who won’t have encountered an unforgiving “off with their heads” mentality.

Soap Opera Digest said last week that the fate of the entire production of “All My Children” had hung in the balance until recent weeks. And Ken Corday, the producer of “Days of Our Lives,” told the publication that a compromise had just been worked out with NBC to renew the show until at least September 2010, but that draconian budget cuts were the price of the renewal.

Ad Age reported that NBC was seeking cuts in the 40 percent range for all contract players. Some actors, such as Jay Kenneth Johnson, with nine years on the show, walked away rather than sign such a deal.

So, what about Erica Kane? She may have survived this brush with danger, but can she survive an auto industry meltdown? Though reports said Ms. Lucci did in fact accept the huge pay cut, viewers — as always — will have to stay tuned.

http://wheels.blogs.nytimes.com/2008/12/03/as-the-big-3s-world-turns/?scp=1&sq=garrett%20all%20my%20children&st=cse
 
Re: It's a Depression, Charlie Brown

My mom was not pleased with the news regarding her favorite soap, Days of our Lives.
 
Will Frisco and Felicia get back together, Charlie Brown?

And will Tina and Cord find a way to work it out 15 years later, Charlie Brown?
 
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It's not just soap operas.

I think auto advertising is the #1 inventory-filler for local news shows.

You'll probably see some stations starting to drop news in major markets.
 
Lugnuts said:
It's not just soap operas.

I think auto advertising is the #1 inventory-filler for local news shows.

You'll probably see some stations starting to drop news in major markets.

Thankfully the demo on my show skews a little older. No auto dealers - mostly bathtubs with doors and robot insurance.
 
Lugnuts said:
It's not just soap operas.

I think auto advertising is the #1 inventory-filler for local news shows.

You'll probably see some stations starting to drop news in major markets.

NYT had a front-page story last week about how some local news channels are starting to cut ties with their longtime fixture (yet highly paid) anchors due to the economy. It mentioned how the auto industry is affecting the bottom line.
 
One of the highly paid on-air news readers in Denver just had his contract not renewed because of that. Gannett station, so no surprise there.
 
A demonic possession couldn't stop Marlena. Surely, this won't either!
 
Lucy%20the%20psychiatrist.gif

"Depression, you say? I can help with that."
 
Donald Trump is currently getting sued by Deustche Bank for refusing to pay $40 million on a loan that he personally guaranteed. He's probably having some (relative) money troubles. But none of this is his fault! Which is why he is countersuing the bank for $3 billion. It's really the least they can do to make up for their wanton persecution of Donald Trump:

They loaned him $640 million to build a huge tower in Chicago. The banks set minimum prices for the apartments to sell for. Then the economy went to hell. Now it's time for Trump to pay his $40 mil. But he says, hey, since I can't control the fact that the economy went to hell, a contract clause says I don't have to pay:

That clause has a catch-all section covering “any other event or circumstance not within the reasonable control of the borrower,” and Mr. Trump figures that lets him out, even though construction is continuing.

“Would you consider the biggest depression we have had in this country since 1929 to be such an event? I would,” he said in an interview. “A depression is not within the control of the borrower.”

Nifty! He's quick to note that the people who bought the apartments at wildly inflated prices before the crash do not have any such clause, so they better pay him or else. Oh Donald, you're a cheeky asshole as usual. So is your lawyer:

Mr. Trump is vigilant in protecting his reputation. After I interviewed him and two associates, his general counsel sent me a note saying “it was a pleasure” talking to me, and adding: “Please be assured that if your article is not factually correct, we will have no choice but to sue you and The New York Times.”

http://gawker.com/5102555/donald-trump-breaks-out-the-d+word-now-that-he-owes-people-money
 
My wife watches Guiding Light and it's now shot with what seem to be handheld 1990s vintage video cameras.

Anyone seen this? Snuff films have better production quality. Though it frees them from the studio and lets do outdoor shots, etc.

Kind of like Orson Welles freely shooting inside a Paris train station, only much, much dumber.
 
Bubbler said:
My wife watches Guiding Light and it's now shot with what seem to be handheld 1990s vintage video cameras.

Anyone seen this? Snuff films have better production quality. Though it frees them from the studio and lets do outdoor shots, etc.

Kind of like Orson Welles freely shooting inside a Paris train station, only much, much dumber.

I've seen this on the preview commercials, and it looks like crap. Then again, I stopped watching Guiding Light about 15 years ago.
 

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