Page 1 of 3 1 2 3 LastLast
Results 1 to 13 of 29

Thread: Financial crisis

  1. #1
    Join Date
    Oct 2008
    Location
    Athens, Greece
    Posts
    296
    Thanks
    1
    Thanked 7 Times in 5 Posts

    Financial crisis

    Any thoughts on how this stupid worldwide financial crisis will affect the concept art job market?
    Reply With Quote Reply With Quote


  2. Hide this ad by registering as a member
  3. #2
    Join Date
    Jun 2004
    Location
    Sacramento and Los Angeles
    Posts
    988
    Thanks
    3
    Thanked 164 Times in 61 Posts
    People won't be hiring as much and some companies (like EA) have laid off workers. Dont expect the entertainment industry to be hit nearly as hard as everywhere else.

    If Obama wins I think I heard something about a tax break for hiring new workers, so you might see some increased jobs soon.
    Reply With Quote Reply With Quote

  4. #3
    Join Date
    Oct 2008
    Location
    Athens, Greece
    Posts
    296
    Thanks
    1
    Thanked 7 Times in 5 Posts
    Thanx!
    If Obama wins its good news for the US I guess but I am located in Europe so, what's the story on the concept art hiring scene in the UK and Europe now that recession is setting in? Anyone?.... Anyone?...
    Reply With Quote Reply With Quote

  5. #4
    Join Date
    Nov 2004
    Location
    New Haven, CT
    Posts
    2,987
    Thanks
    295
    Thanked 290 Times in 173 Posts
    Quote Originally Posted by aesir View Post
    Dont expect the entertainment industry to be hit nearly as hard as everywhere else..
    Really? I thought they'd be 1st to get hit.
    My work: [link]
    Reply With Quote Reply With Quote

  6. #5
    Join Date
    Jun 2004
    Location
    Sacramento and Los Angeles
    Posts
    988
    Thanks
    3
    Thanked 164 Times in 61 Posts
    Quote Originally Posted by Blue View Post
    Really? I thought they'd be 1st to get hit.
    Historically during depressions/recessions people still shell out the money to see entertainment/movies/etc.
    Reply With Quote Reply With Quote

  7. #6
    Join Date
    Jun 2004
    Location
    Los Angeles, CA
    Posts
    2,529
    Thanks
    374
    Thanked 340 Times in 161 Posts
    People need distracting while they head out to the poor house.

    Job safety...guaranteed.

    almost
    Reply With Quote Reply With Quote

  8. #7
    Join Date
    Feb 2008
    Location
    The Big Easy
    Posts
    1,866
    Thanks
    625
    Thanked 697 Times in 367 Posts
    People will still be shelling out the money for entertainment but still durring economic crises most companies tend to play on the safe side with the cash that they have, so I wouldn't expect them to be hiring a whole bunch. Also it sucks for me as they probably will stick to the artists they know and have worked with, rather than the guys trying to get noticed and get their foot in the door.
    Reply With Quote Reply With Quote

  9. The Following 2 Users Say Thank You to Peter Coene For This Useful Post:


  10. #8
    Join Date
    Oct 2008
    Location
    Athens, Greece
    Posts
    296
    Thanks
    1
    Thanked 7 Times in 5 Posts
    I agree with you Peter. I think it's really going to be hard for people trying to get into the industry. It sucks that just when I will be ready to send out portfolio samples, the crisis will be going strong... It sucks really bad!!!! I don't know what else to say... We're just unlucky that way...
    Reply With Quote Reply With Quote

  11. #9
    Join Date
    Oct 2006
    Location
    South Africa - from Moscow
    Posts
    172
    Thanks
    36
    Thanked 38 Times in 32 Posts
    I'll just go back to Russia until it dies down. =D

    But as history and philosophy has taught us - any dominant economic system eventually crashes, even if once in a while.
    Sketchbooks to see:
    ~ Leo Ki ~ Zweit ~ Wilkerson ~ Wheezy ~

    Sketchbook:Volchiha
    Reply With Quote Reply With Quote

  12. #10
    Join Date
    Oct 2008
    Location
    Athens, Greece
    Posts
    296
    Thanks
    1
    Thanked 7 Times in 5 Posts
    Like I said, we're just unlucky it had to happen now that some of us are getting ready to dive into it all.... Really unlucky!!!!
    Reply With Quote Reply With Quote

  13. #11
    Join Date
    Nov 2007
    Location
    Toronto
    Posts
    791
    Thanks
    423
    Thanked 295 Times in 144 Posts
    Quote Originally Posted by Peter Coene View Post
    Also it sucks for me as they probably will stick to the artists they know and have worked with, rather than the guys trying to get noticed and get their foot in the door.
    This is my biggest concern. I don't know if it's going to happen for sure since I'm not very good with this stuff but, if it does, I'm in for a lot of pain.
    Reply With Quote Reply With Quote

  14. #12
    Join Date
    Feb 2008
    Location
    The Big Easy
    Posts
    1,866
    Thanks
    625
    Thanked 697 Times in 367 Posts
    well the timing for me is horrible, and the family drama with being kicked out of the house and all that isn't helping. Not even the normal non-art mundane places seem to be hiring.
    Reply With Quote Reply With Quote

  15. #13
    Join Date
    Jun 2006
    Location
    Torrance, CA
    Posts
    6,802
    Thanks
    2,278
    Thanked 4,258 Times in 2,074 Posts
    Right, I think it's going to affect new hires more than anything else. Even with supposed tax breaks that's not enough to hire a new person on staff considering you may have to pay for benefits etc...

    Remember they said the banks aren't loaning money. If a person is trying to gain capital for their company this is difficult as it generally takes about 10 years to see profit in at least the average US scenario. If they were using that loan money to help with new projects, that means those projects will get canceled. Some of these effects right now aren't visible until quarters to come.
    Reply With Quote Reply With Quote

Page 1 of 3 1 2 3 LastLast

Similar Threads

  1. Art: Financial Crisis,Sculpture by Meng Qiu
    By mengcomment in forum 3D ART, SCULPTURE ART & TOY ART
    Replies: 0
    Last Post: June 9th, 2009, 12:19 PM
  2. Replies: 4
    Last Post: May 13th, 2009, 07:18 AM
  3. Financial Problem
    By BlackJackWhite in forum ART SCHOOLS & ART EDUCATION
    Replies: 5
    Last Post: June 4th, 2006, 03:23 PM
  4. Financial Aid
    By MurkyDreams in forum ART SCHOOLS & ART EDUCATION
    Replies: 1
    Last Post: February 22nd, 2004, 09:47 PM

Members who have read this thread: 0

There are no members to list at the moment.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
  • 424,149 Artists
  • 3,599,276 Artist Posts
  • 32,941 Sketchbooks
  • 54 New Art Jobs
Art Workshop Discount Inside

Developed Actively by vBSocial.com
SpringOfSea's Sketchbook