Hollywood insiders are concerned that Los Angeles may become "the next Detroit" as entertainment projects decline without urgent tax relief incentives. A recent town hall meeting underscored the need for changes to the state's production tax incentives, potentially covering up to 35% of qualified expenditures and expanding eligibility. As celebrities migrate to states offering better living conditions, industry leaders highlight that rising costs could drive talent and production away from California, leading to a significant decline in the local film and TV industry.
"This is not hyperbole to say that if we don't act, the California film and TV industry will become the next Detroit auto," said producer Noelle Stehman.
"The studios don't care where they do the work. They'll do it anywhere," said state Sen. Ben Allen, highlighting the shift in production priorities.
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