Pros
This is known as one of the top places to work in the entertainment industry, so it's a great name to tell your friends and family. Also as a result of this, the other young people slaving away with you there tend to be extremely driven, personable, and intelligent; so the network you gain early on there is very valuable.
Cons
Where to begin.. This company abuses its notoriety as a respectable place to work to force overqualified young professionals to work ridiculous hours (and only get paid as if they work 9-5, it is very frowned upon to enter overtime), in jobs that humiliate, degrade, and constantly belittle them. Much like a fraternity's pledge abuse perpetuates because of the "well it was done to me" mentality, stressed and overworked bosses feel the right to treat hard working assistants like the scum of the earth because that's how they were treated years ago. It's a horrid system that drives out great talent, champions those who subject themselves to years (most of the time at least six) of illegal underpayment, and thrives on a reputation that in no way represents what actually happens at the company.