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RE: LeoThread 2024-12-29 11:29

in LeoFinance13 days ago

Part 5/9:

The staggering impacts of the industry’s decline reach beyond just the film sector, affecting numerous ancillary businesses in Los Angeles. Caterers, dry cleaners, and other local suppliers rely heavily on film productions for their income. The entertainment sector once accounted for a substantial 64% of Los Angeles County's economy, but that number has dwindled to 52%, with jobs now shifting toward sectors like video gaming and spectator sports.

Proposed Solutions and the Road Ahead