NewsState & National

Legislature ventures into entertainment industry snakepit

By Dan Walters The story of Assembly Bill 983 and Assembly Bill 437 begins with two indisputable facts: —The business side of the Southern California entertainment industry is a snakepit of uber-complex financial deals, contracts and very creative accounting that hides behind a façade of glitz and artistic pretensions. —Although the industry is only a tiny slice of California’s $3.5 trillion economy, its glamorous image garners fawning attention from the state’s politicians. Those two facts mean that governors and legislators are prone to doing the bidding of industry figures with...
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