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I've heard that jobs in "dream" industries like sports and movies can be tough because they always have so many people who want to live that dream and do that work that they don't have to treat the current employees as well as they otherwise would.
That said, it seems like there's no downside in applying. If you don't get it, then at least you tried. If you do get it, then maybe you can negotiate for higher pay/benefits, etc. You are coming in from a position of strength because you don't need the job. You want the job if and only if they can make it worth your while. So apply and hold them to that standard.
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