How Much Could the Writers Strike Cost the Economy?

More than $20 million a day!

That is, according to one totally and completely not impartial observer!

“As thousands of TV and film writers marched along Hollywood Boulevard in the third week of their strike, film officials put a price tag on the potential economic toll of the walkout,” reports the Los Angeles Times. “Los Angeles’ economy will lose more than $20 million a day in direct production spending if the writers strike extends into next month, according to FilmL.A. Inc., the nonprofit group that handles film permits and promotes the industry.”