As home-entertainment revenue declined in the last five years, studios reduced spending on scripts from new writers, cut junior staff positions and severely curtailed deals with producers who once provided entry-level positions for film school graduates. Yet applications to university film, television and digital media programs surged in the last few years as students sought refuge from the weak economy in graduate schools and some colleges opened new programs.
“It’s becoming an increasingly flooded marketplace,” said Andrew Dahm, who in May graduated from the Peter Stark producing program at U.S.C. with a master’s degree and an expectation that he would work for two or three years as a low-paid assistant in lieu of the junior executive jobs that were once common.
By and large those established programs have kept enrollments steady. But an expanding number of new film and media programs at other colleges around the country helped feed what appears to be a bumper crop of graduates in the academic year that just ended.
Read more at the New York Times