Hollywood PANICS as LA Production NOSEDIVES!

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Hollywood survived until 2025... but now productions are WAY down. And there's more and more talk of moving productions out of the LA area completely.

The decline of LA film and TV production has led to losses in every category compared to last year, impacting industry workers, support industries, and the local economy.

Strikes and subsequent production decline in LA were expected to end in 2025, but levels have not returned to pre-strike numbers, affecting livelihoods and the economy.

Proposed expansion of subsidies to production companies in California may not be sustainable, potentially leading to further financial struggles for the already hemorrhaging state.

Unionization of film and TV industry workers drives up costs, making it more difficult for production companies to operate in California, contributing to the state's production decline.

Production companies moving to other states and countries for lower costs and favorable tax incentives affects LA industry workers' livelihoods and the local economy.

Soundstage occupancy in LA has significantly declined over the past two years, highlighting the plunge in filming and affecting space availability for production companies.

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