- Los Angeles is a key filming location, and Gavin Newsom celebrated the success of the state's film tax credit program.
- Declining shoot days signal market contraction, though tax credits continue to support production volume in the region.
- Incentives are needed to revitalize the film industry in Los Angeles and Hollywood.
The film industry is facing challenges due to high production costs, leading to shifts in how major cities like Los Angeles and New York are utilized.
1 report, 1 independent
Updated Sep 3
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What happened
The film industry is facing challenges due to high production costs, leading to shifts in how major cities like Los Angeles and New York are utilized.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Film production moves outside traditional Hollywood centers, utilizing locations like St. Louis.Sub-event
Film industry shifts due to high costs in major cities like LA and NY.1 source
Keep exploring
Part of
Incentives are needed to revitalize the film industry in Los Angeles and Hollywood.Also in this story
- Dark Horse Stages is facing a sale due to the current uncertainty surrounding state film incentives.
- ACME, Hollywood, and Kickstarter are involved in a new venture, utilizing crowdfunding for reboot pitches and hosting a radio show.
- Amidst a competition between states for corporate headquarters, Ellison commits to building a stronger presence for Hollywood in Los Angeles.
- Studios in Burbank are adapting to global competition by booking more online creators.
The entities involved
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Los Angeles
seat of Los Angeles County, and largest city in California, United States
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New York
town in Henderson County, Texas
Related events
- The film distribution market has changed since its initial successful phase, involving both Los Angeles and Amsterdam.
- Los Angeles hosts the market scene for the film industry.
- A film production hub has been established in Los Angeles and will serve as a base for various production projects.
- Employees Only announced its closure in Los Angeles due to rising costs and changing trends, after bringing a Manhattan sensibility to West Hollywood.
- Hollywood productions are leaving Los Angeles and the United States, citing struggles of companies like History for Hire Prop House.