Hope and Change prevail!



HOPE: Hollywood's largest actors union strongly endorsed a new film and TV contract, closing the chapter on a yearlong dispute with the major studios:

The two-year contract was patterned after similar agreements negotiated last year with three other talent unions.

It includes an immediate pay increase of 3% and, for the first time, gives actors residual pay for shows that stream on websites such as Hulu that enable viewers to watch them free of charge.


and

CHANGE: Chrysler set to close 789 of its dealerships:

a bankruptcy judge approved Chrysler's plan to terminate 789 of its dealer franchises.

U.S. Judge Arthur Gonzalez's order says the franchises, which represent about 25 percent of the company's dealer base, can no longer act as authorized Chrysler, Dodge and Jeep dealers, effective immediately. A written ruling explaining the decision was expected to be filed later.

Earlier in the day, more than 25 attorneys representing hundreds of dealers from across the country argued in court that little would be gained by terminating the franchises, while Chrysler maintained that the move is a necessary part of its plan to cut costs and quickly emerge from Chapter 11.

Many of the dealers were trying to sell the last cars on their lots and preparing to shut their doors for good at the end of the day, while others planned to sell used cars or other brands after severing ties with Chrysler.

At Tuesday's hearing, Chrysler attorneys also said the automaker would extend until Monday its program to help the affected dealers send any unsold vehicles to other dealers.


Doesn't matter if said dealerships were purchased and owned by private citizens. They will lose their stake, without reimbursement, while their dealership is given to another party. No hope here, but plenty of change. The full list of change can be found here:


Chrysler Dealer Closing List -

Hundreds of Chrysler dealerships are closing their doors today but at least Hollywood rewrote its contract. Doesn't mean anything of quality or substance will be coming out of there, but hey, that's entertainment!

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