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Hollywood EXODUS: Los Angeles Becoming the Detroit of Film as Tax Dollars WASTED
Manage episode 479178891 series 2792715
Hollywood's once mighty film industry is crumbling faster than a B-movie set, with Los Angeles now ranked a dismal SIXTH place for desirable filming locations. As production plummets 22.4% in Q1 2024, celebrities and crews are fleeing to places like Georgia, Texas, and even the Czech Republic—anywhere but California. Governor Newsom's proposed $750 million tax credit? Too little, too late for an industry where workers report being employed just THREE MONTHS out of the last 18.
This video exposes how liberal policies and economic mismanagement have transformed Tinseltown into a "ghost town," with thousands of middle-class film workers watching their livelihoods vanish. Meanwhile, other states and countries are rolling out the red carpet with competitive incentives that California can't match. Is Los Angeles truly becoming the Detroit of the entertainment industry? Will Sacramento's desperate attempts to save Hollywood actually work, or is this the final scene for America's movie capital?
2868 episodes
Manage episode 479178891 series 2792715
Hollywood's once mighty film industry is crumbling faster than a B-movie set, with Los Angeles now ranked a dismal SIXTH place for desirable filming locations. As production plummets 22.4% in Q1 2024, celebrities and crews are fleeing to places like Georgia, Texas, and even the Czech Republic—anywhere but California. Governor Newsom's proposed $750 million tax credit? Too little, too late for an industry where workers report being employed just THREE MONTHS out of the last 18.
This video exposes how liberal policies and economic mismanagement have transformed Tinseltown into a "ghost town," with thousands of middle-class film workers watching their livelihoods vanish. Meanwhile, other states and countries are rolling out the red carpet with competitive incentives that California can't match. Is Los Angeles truly becoming the Detroit of the entertainment industry? Will Sacramento's desperate attempts to save Hollywood actually work, or is this the final scene for America's movie capital?
2868 episodes
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