From KCRW in Santa Monica, I'm Claude Brodesser Ackner, and this is The Business.

So you still want to do the show business, and you think that you got what it takes,

I mean you really got a rap and be all at, but prepare yourself for the brakes. Check it out.

This week on the business, from Hannah Montana to high school musical, we look at Disney's teen

green-making machine.

But first, it's the Hollywood News Caravan.

Go nowhere, it's the business from NPR.

After a few days of consideration, the Screen Actors Guild has spurned the producer's last, best,

and final offer, quote, for one reason and one reason only. It's not a good offer. So, it's a stalemate, and the town is left in limbo. This stalemate may not be rooted just in dollars and cents,

but in some Byzantine Union politics. SAG has until August 15th to ratify the producer's three-year, $250 million offer,

but on September 18th, roughly one-third of SAG's board comes up for re-election.

Many of those current board members ran on the promise of increased DVD residuals,

and the current proposal from producers has none.

Delaying contract approval until after the election means they may get to keep their jobs.

Ironically, all of Hollywood may be out of theirs.

If you think the credit crunch hasn't touched Hollywood, think again.

Last week, the Financial Times broke the story that nearly half a billion

dollars in film financing recently fell through on 30 planned Paramount Pictures. The studio had

been working with Deutsche Bank on the deal, which would have included sequels to Transformers and a new version of Star Trek.

Instead, Deutsche Bank has shuttered its film finance division.

The F.T. said what scotch the deal with the Germans was, quote, a market-wide lack of

enthusiasm for the senior debt component of the deal. But Deadline Hollywood Daily's Nikki Fink

...