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RE: LeoThread 2024-12-29 11:29

in LeoFinance13 days ago

Part 3/9:

Film production in Hollywood has yet to recover from the disruptions caused by major strikes, leading to a decline that many independent professionals and union members are feeling acutely. With production levels dropping by 5% in the third quarter of 2024 alone, the hope for a rebound following the strikes has been extinguished. Many workers are finding themselves unable to secure projects, further exacerbated by studios exploring filming options elsewhere due to rising costs in California.

The Competition: Tax Incentives Luring Away Productions