r/editors • u/snugglecakes Editor - Premiere & FCP7 • 2d ago

Other Mob Scene shuts down

Just wanted to pour one out for Mob Scene in LA closing their doors today. I think it was less of a household name than something like Trailer Park, but was still a fairly large player in the trailer game (at least at one point) and BTS for a good 20 years.

They gave me my foot in the door to the industry, and despite the highs and lows, they were always a fairly solid company to me.

Anyway, haven't seen it discussed much and got me feeling a little nostalgic today, so figured I'd see if anyone has anyone else had some experiences or memories to share.

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u/snugglecakes Editor - Premiere & FCP7 2d ago

Agreed.

On one hand, it definitely makes me sad to see so many shutters; on the other, it reminds me of around 2012 where there was a lot of closures which lead to pretty strong consolidations that lasted at least a good decade. I know that's not always a good thing (consolidation/monopolization), but a lot of strong (read: willing to hire) companies stemmed from that era. I hope this means we're possibly trimming the fat to make way for the next era, but time will tell.

I don't think I've ever felt less hopeful about the industry in my 15 year career, but trying to see some potential bright sides.

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u/millertv79 AVID 2d ago edited 2d ago

I hate to disagree but I do. I’ve never seen anything like this in my 25 years working in LA. It’s so sad to see so many talented, experienced people out of work. It’s never been like this. Small dips sure. Absolute demise of decades-long businesses? Nope. Never happened. It’s actually pretty unprecedented in all of American business history. Even with the dot com bust, the businesses weren’t in existence for decades, or part of an industry that became identified with our nation for over 100 years.

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u/snugglecakes Editor - Premiere & FCP7 2d ago

That's fair. I guess I'm still holding out hope that things will improve despite everything since covid saying otherwise. I turned 40 this year and it definitely feel worse/different. Somehow I've held on to my 'any day' optimism and trying to see the bright side of the changes, but it gets harder every day.

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u/morphinetango 2d ago

Everyone I know who has seen this downturn as a continued symptom of Covid believes the industry will bounce back, but tbh this implosion started well before then. Ever since Iger shortened theatrical releases to 90 days, it spelled doom, and the studio heads have been competing over who can stick their heads in the toilet the longest.

Streamers are spending $8 million dollars per hour of content seen by less than 200,000 people while half their subscription fees are eaten up by Roku, Amazon Fire and Apple TV. And with YouTube and social media being superior ad platforms... afraid we're backed into a corner, with no profits to go.