California's high taxes are driving businesses away, with over half of TV and film productions moving to states like Texas, where they find substantial tax perks.
Film LA reports a 19.7% drop in English-language scripted content shot in LA in 2023, demonstrating the urgency of Nevada and Georgia in attracting film industry away from California.
To counter this trend, Gov. Gavin Newsom proposes $750 million in tax incentives, hoping to regain business that has turned to other states for better financial opportunities.
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