California's Rising Costs and Incentives Shape the Future of Film and TV Production
TL;DR Summary
A Milken Institute report highlights that California's film and TV industry is suffering due to high costs, complex permitting processes, and outdated policies, leading to a decline in productions and jobs. The report recommends reforms such as increasing tax incentives, streamlining permits, and restructuring FilmLA to make California more competitive with other locations like Georgia, Canada, and the UK, which benefit from lower costs and more efficient systems.
- New Report Portrays California’s Film and TV Production Environment as Uniquely Burdensome and Expensive The Hollywood Reporter
- High costs, ‘complex’ labor issues are killing Hollywood, report states KTLA
- California Is Doubling Its Film Incentive, but It May Be Too Late to Stop Runaway Production Variety
- California’s Tax Credits May Soon Offer a Lifeline to Halt Animation’s Exodus IMDb
- OpEd: Film Incentives Must Go Further Los Angeles Business Journal
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