Hosted by Joe Weisenthal and Tracy Alloway
Written by a model from the transcript; not yet reviewed.
In this live episode of Odd Lots recorded at the Vermont Theater in Hollywood, hosts Tracy Alloway and Joe Weisenthal talk with writer and podcast host Hayes Davenport about the economic collapse of the entertainment industry. They examine the sharp decline in Los Angeles shoot days from a peak of around 40,000 in 2016 to under 20,000, driven by the streaming shift, tax incentives moving production to places like New Jersey and Dublin, and the aftermath of strikes. The discussion also covers the death of traditional writer rooms, the rise of horror over comedy, and how the creator economy interacts with traditional Hollywood real estate and local businesses. It is worth listening to for its grounded, data-driven look at why Hollywood feels cooked and how economic pressures are reshaping creative work.
Joe and Tracy open the Odd Lots podcast, setting the stage for a live Hollywood episode.
Hosts announce their first live show at the Vermont Theater in Hollywood and introduce the guest.
Discussion turns to whether Hollywood is 'cooked,' covering writer pay, fewer shoots, and AI threats.
The conversation shifts to AI's influence, WGA guardrails, and the potential for AI-generated content in writing.
Hayes explains how reduced shoot days affect local businesses, restaurants, and the broader LA economy.
Hosts wrap up, thank Hayes, and provide social media and newsletter links for listeners.
The guest explains that production shoot days in Los Angeles dropped from roughly 40,000 in 2016 to under 20,000, reflecting a severe contraction in local industry activity.
Production Flees to Dublininsight
The guest points out that American game shows and single-cam comedies are increasingly filmed overseas in locations like Dublin, Ireland, for labor and tax reasons.
The Death of Large Writers Roomsinsight
The guest explains that large writer rooms with dozens of people, like the one on Family Guy, no longer exist as studios favor smaller teams and solo creators.
The Rise of Horror Moviesinsight
The guest discusses why horror has become the dominant theatrical genre, noting that mid-budget horror films are commercially viable while comedy struggles for theater-going potential.
Competing With Free Contentinsight
The guest argues that creators in television and film have already spent years competing against the sum of all human creativity distributed for free.
“If you want to do the numbers, I can talk about like shoot days in LA.”
“The next year, 2023, the strikes hit. Shoot days fall again to 25,000.”
“Comedy does not have the same upside potential, doesn't have the same perceived theater-going potential right now.”
“I think writing and acting will be among the last categories that AI could.”
Is Hollywood just screwed? Writers are earning less. There are fewer shoots taking place in Los Angeles. And people are freaked out about AI. But according to Hayes Davenport, things were starting to feel bad in Hollywood before chatbots showed up to the scene. Davenport — who’s written for shows like Family Guy and is now creative director of LA Material and the co-host of the fantastic Hollywood Handbook podcast — joined us on stage at the Vermont to give us a history lesson on Hollywood's steady decline from the pandemic to now. We also get into the changing norms of AI use among entertainment professionals and why Davenport is jealous of New York right now. Read more: Jon Voight Spent Months Courting Trump on Tax Help for Hollywood https://www.bloomberg.com/news/articles/2026-09-20/jon-voight-spent-months-courting-trump-on-tax-help-for-hollywood?utm_medium=referral&utm_source=podcast&utm_campaign=odd_lots&utm_content=article Paramount to Settle Lawsuits, Paving Way for Warner Bros. https://www.bloomberg.com/news/articles/2026-09-21/paramount-to-settle-lawsuits-paving-way-for-warner-bros-merger?utm_medium=referral&utm_source=podcast&utm_campaign=odd_lots&utm_content=article Only Bloomberg - Business News, Stock Markets, Finance, Breaking & World News http://bloomberg.com/ subscribers can get the Odd Lots newsletter in their inbox each week, plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots https://www.bloomberg.com/subscriptions/oddlots?in_source=oddlotspodcast Subscribe to the Odd Lots Newsletter http://bloomberg.com/subscriptions/oddlots Join the conversation: discord.gg/oddlots https://discord.gg/oddlots See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
6,564 words · 9 speakers
Speaker names marked are inferred from speaking time and the show’s known hosts — they are not voice-verified.
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