DonGlock26
Diamond Member
- Sep 15, 2024
- 16,988
- 24,927
- 2,288
"Los Angeles in danger of becoming ‘the next Detroit’ as film and TV productions move out
Hollywood insiders have warned that Los Angeles is at risk of becoming “the next Detroit” amid fears that the city’s decades-long status as the capital of TV and film could come to a swift end if entertainment productions do not receive immediate tax relief incentives.
Amid a sharp rise in the number of celebrities moving out of L.A. to places like Texas and Florida, industry workers have now raised the alarm about the stark decline in the number of entertainment projects being carried out in Hollywood and throughout California.
These fears were the focus of an April 14 town hall in which lawmakers and movie producers pushed for changes to the state’s entertainment production tax incentive in order to cover up to 35% of qualified expenditures, while also widening the range of productions that would receive these subsidies."
nypost.com
They could probably make movies a lot cheaper in China or by using AI, and wouldn't have to worry about paying union wages. Unemployed Californians can
just work Bidenomics' service industry jobs like delivering fast food or become a professional left-wing protester.
Hollywood insiders have warned that Los Angeles is at risk of becoming “the next Detroit” amid fears that the city’s decades-long status as the capital of TV and film could come to a swift end if entertainment productions do not receive immediate tax relief incentives.
Amid a sharp rise in the number of celebrities moving out of L.A. to places like Texas and Florida, industry workers have now raised the alarm about the stark decline in the number of entertainment projects being carried out in Hollywood and throughout California.
These fears were the focus of an April 14 town hall in which lawmakers and movie producers pushed for changes to the state’s entertainment production tax incentive in order to cover up to 35% of qualified expenditures, while also widening the range of productions that would receive these subsidies."
Los Angeles in danger of becoming ‘the next Detroit’ as film and TV productions move out
Hollywood insiders have warned that Los Angeles is at risk of becoming “the next Detroit” amid fears that the city’s decades-long status as the capital of TV and film could come t…
They could probably make movies a lot cheaper in China or by using AI, and wouldn't have to worry about paying union wages. Unemployed Californians can
just work Bidenomics' service industry jobs like delivering fast food or become a professional left-wing protester.