I am glad that they came to an agreement as with rising cost they deserve to be brought up to the level of income in a competitve world. Also I would like to ask can they reload some new reruns cause we have seen the Law& Order ones over 30 million times I realize this would include writting new closed captioned series but certainly there are newer reruns than what we have been viewing!

2 Billion? You think maybe they are exaggerating for dramatic effect?

So, since you've "been" to LA, that makes you qualified to call it a one-industry town? Idiocy. I've been to London, does that mean I can say their only industry is pubs?

Yeah, I'm another Los Angeleno.

Brad, calling Los Angeles a one industry town just makes you look narrow minded. Maybe all of your "hipster" friends work in or support the "entertainment" industry, but that doesn't mean it's the only fish in the LA sea.

Don't forget, Los Angeles is the home of the Port of Los Angeles, the busiest sea port in the United States, according to a 2006 study by the American Assosciation of Port Authorities.

We can't forget to adjust for inflation ('88 dollars vs. '08 dollars).

I've lived and worked in LA my entire life and I have to agree with the above commenter- calling LA a one-industry town is ridiculous.

You should read the recent article in LA Magazine about the strike. http://www.lamag.com/ME2/dirmod.asp?sid=14D5B253DB1D499F9AD38F459D8E926A&nm=&type=Publishing&mod=Publications%3A%3AArticle&mid=8F3A7027421841978F18BE895F87F791&tier=4&id=A031965C9A724C7B84ADC17C210358C4

Los Angeles is not the one industry town that everyone thinks it is; in fact, 'entertainment' only comprises 5% of the $380 billion GDP of LA County.

And the real impact of the strike is probably MUCH less than $2 billion commonly reported. A lot of production was moved up to put more in the can in anticipation of the strike.