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2023 LA scripted production declines by 20% due to regional competition, prompting FilmLA's call for expanded California tax credits.
In 2023, Greater Los Angeles saw a nearly 20% decline in scripted film and TV production, with only 183 projects, down from 228 in 2022.
This drop is attributed to competition from regions like Georgia and the UK, which offer better financial incentives.
FilmLA urges California to expand its Film & Television Tax Credit Program to attract more productions.
The decline threatens local jobs and the economy, highlighting the industry's critical role in the region.
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2023 La producción de guiones de LA disminuye en un 20% debido a la competencia regional, lo que provocó el llamado de FilmLA para ampliar los créditos fiscales de California.