""Hollywood's decline is not due to a lack of talent, but because other cities and countries have attracted the industry with better tax incentives.""
""California has lost thousands of production jobs; these are middle-class workers who contribute to the economy and community.""
Once a vibrant hub of film and television, Hollywood faces a significant decline as other cities and countries lure production jobs away with attractive tax incentives. This exodus has severely impacted California's job market, particularly for middle-class workers in various production roles. The article emphasizes the urgent need for California to enhance its Film & Television Tax Credit Program, including increasing the credit to 35% of expenses and supporting half-hour comedies, to remain competitive and safeguard the state's film legacy.
Read at www.mercurynews.com
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