LA Film Production Plummets Amidst Industry Crisis
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Los Angeles film production plummeted 22% in the first quarter of 2024, according to FilmLA. TV show filming, a major contributor to the L.A. economy, decreased by approximately 30%, reaching record lows. This decline follows last year's record low since 2017 (excluding 2020's pandemic halt). California lawmakers are proposing expanded film subsidies to attract more productions, aiming to include more TV show formats and counter competition from other regions.
Los Angeles film production plummeted 22% in the first quarter of 2024, according to FilmLA. TV show filming, a major contributor to the L.A. economy, decreased by approximately 30%, reaching record lows. This decline follows last year's record low since 2017 (excluding 2020's pandemic halt). California lawmakers are proposing expanded film subsidies to attract more productions, aiming to include more TV show formats and counter competition from other regions.
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