This is a side effect from what’s happening in the stock market. All time lows that I’ve been closely monitoring and the video people are always the first ones to go. It’s deja vu to me. Flashback to 10 years ago when I just graduated from college and found no companies willing to take a chance on entry level film/media candidates.
I’m not as worried about it now because:
a.) I have experience in multiple roles both above and below the line
b.) My web series although hasn’t made me money is a great portfolio tool to get an in with smaller companies
c.) Much like @Joseph_Brett mentioned a lot of the larger companies don’t understand how to make digital content appealing
I think the digital video scene is evolving and will need to find its way from the free sample phase to the paid subscription phase. How we will get there I don’t know.