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Hollywood sees 30% drop in TV and film shoots as studios shift to more tax-friendly locations.
Hollywood is experiencing a significant decline in production, with 30% fewer TV and film shoots in Los Angeles in the first quarter of 2025 compared to the same period last year.
This drop follows the impact of the COVID-19 pandemic, strikes, and a decrease in orders from studios and streamers.
Industry insiders attribute part of the decline to states like Georgia and New York, and countries like Canada and the UK, offering better incentives.
California's tax credit program is seen as needing updates to remain competitive.
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Hollywood ve una caída del 30% en las filmaciones de televisión y cine a medida que los estudios se trasladan a ubicaciones más favorables a los impuestos.