Tinseltown Has Become a Production Graveyard

Hollywood's film and TV production is declining as studios move away from L.A. to capitalize on cheaper costs and incentives abroad. With a drop in U.S. projects and an increasing focus on reality TV, industry leaders worry about rising costs and a loss of star power, prompting calls for tax reforms. Despite challenges, there are hopes for a rebound, but many question L.A.'s future as a key production hub against growing international competition.

ARTICLE: https://www.hollywoodreporter.com/business/business-news/los-angeles-production-tv-film-shoots-1236042027