Pros
You will find some good co-workers here. Some people are a little lazy but overall it's a good group. You will learn some things working here and you will learn a lot of what not to do. It get's your foot in the door if nothing else.
Cons
Management is extremely weak. People seem to get promoted to mid tier management for maybe the wrong reasons.(politics versus merit) Middle management really don't seem to do anything except for the occasional blame game. Pointing fingers is a way of life for management in this company. No one feels responsible for anything. Upper level management participates in pointing fingers as well and are generally too far removed from knowing what is actually happening in the company. Upper management tends to not listen to the issues presented by employees despite the fact that a majority of employees have similar complaints. Communication overall is very very poor. Frequently people don't know when their deadlines are or what their deliverables are. Neither do the producers/project managers. Morale is very low. Very good working level employees are laid off and useless people and middle managers aren't. There is currently just about a 1:1 ratio between people with management titles and just working employees. People feel beat down and don't know what their actual role in the company is.