During Rob Long’s first job at Paramount, he would see a dusty, silver DeLorean on level two every day in the parking structure as he rolled in late for his gig on a hit show. Despite all the 1986 flash it signaled, its license plate gave the game away: That person had been on a popular show and now wasn’t. Everyone in Hollywood thinks they’ll always be parking on five, a place where you set your own hours and are flush with cash, but could end up, say, like Candle Media, back on two. So, Rob advises, maybe hang on to that Subaru.

Transcript here. For more entertainment news, subscribe to The Ankler.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Learn more about your ad choices. Visit megaphone.fm/adchoices