Hollywood Aims to Trim Production Costs Amid Inflation Surge, Supply Chain Pain
The entertainment industry is buckling under the weight of inflation
exacerbated by persisting supply chain turmoil, physical production
executives and studio operators tell
The Hollywood Reporter
Amid a record year for production levels after bouncing back from the pandemic,
studios are grappling over how to build sets within budget and on time.
“The accessibility of steel and lumber due to supply chain issues have driven
up the cost of materials by at least 25 to 30 percent,” says Herb Gaines,
executive vp physical production at Legendary.
On a recent film, he notes that the same set with the same plans was double