The WGA is engaging in talks but that doesn't mean that the Oscars still aren't in danger. For an idea of what the economic impact of a canceled Oscars will be check out the diagram to the right from the 01/28/2008 issue of Business Week. Obviously the entire dollar amount is not exclusive to Los Angeles but a significant portion of it is localized ($26.5 million on limos, security, and gifts??). After reading some comments about the WGA strike here at LAist it's obvious that a lot of people are in pain over this but it's seems silly to me to blame the writers for the situation - this is a chance for all the affected industries to put pressure on the producers, studios, and networks to be a little less greedy. more ›