Pros
At any given time, this company employs many people from the Austin-based film industry, whether part time or full time. So there's at least some opportunity to network and if this is your first job in film, the bar for entry is very low.
Cons
Everyone is unhappy. All roles are paid less than industry standard, and although one or two departments enjoy less hectic hours than industry norms, most have their schedules abused to the point of an extremely unfulfilling work/life balance. The company is run by one wealthy CEO and two sisters whose authority has been rapidly increased over a short amount of years to vice-president status, for routinely validating nonsensical management practices without raising any question to those decisions sabotaging the long-term health of the company. An example would be funneling practically all decisions through top management, which results in high numbers of editors and production members regularly sitting idle for full 14-hour weekend work days while management sorts out "creative" decisions. The work itself is objectively not hard, but this sort of devaluing employees' capabilities to self-manage seems to eat away at their spirits within just a few months. Most positions are contract based and every year, those employees vow to never come back after their current contract expires, although many do because the Austin film market is historically unstable, and Megalomedia takes full advantage of this lack of demand.