Hollywood used to be the hotspot of movie productions for the whole country…
But in recent years more studios have been moving away from Tinsel Town to shoot their films.
As more movies are produced outside of California…
Many wonder what lies ahead for the future of the filmed entertainment industry.
Productions Saying “Sayonara” To Hollywood
For 100 years, LA has been the king of the movie-making industry, with many of the most iconic Hollywood productions coming to life on its sound stages.
However, the past five years have turned the industry completely on its head, leading to a bumpy road to recovery.
In 2020, Covid shut down production in Hollywood and the rest of the world, putting entertainment on a hard pause. Then in the years following, streaming boosted the demand for TV, increasing production…
Only for TV production to slump once again because streamers couldn’t figure out how to keep up profit with the new entertainment medium.
Then in 2023, the writers and actors strike upended Hollywood productions…
Leading to even more delays and canceled projects.
As Hollywood productions started to rise once again, so too did the cost of living and working in California. This led many studios and producers to look for ways to cut costs while shooting movies.
Due to the strikes in 2023, the cost of hiring talent has gone up. As a response producers are looking for places to shoot films outside of LA.
AND MORE AND MORE STATES ARE SEIZING THE OPPORTUNITY TO KNOCK HOLLYWOOD OUT OF THE FILM PRODUCTION INDUSTRY.
As of 2021, 18 states have introduced or expanded new financial tax incentives for film production. While LA still holds the most film and TV jobs in the country, sitting at a pretty 22%…
THAT FIGURE IS DOWN FROM A 33% HOLD ONLY TWO YEARS EARLIER.
Cities like Miami, Atlanta, and Dallas are investing in building sound stages to welcome more studios to film there. Atlanta for example has been home to many big-budget Marvel films and Netflix’s “Stranger Things.”
While Atlanta is no competition for LA, its film industry shows no signs of slowing down.
A Hollywood Exodus
It’s not just studios saying goodbye to Hollywood productions…
ACTORS AND CREW MEMBERS ARE MOVING OUT OF THE GOLDEN STATE.
Spurred on by a cost of living crisis that was only exacerbated by the pandemic…
These industry workers are finding new jobs and homes in cities with growing movie businesses.
Not only is it cheaper to raise a family in states like Texas and Georgia, but as productions move away from Hollywood…
There will only be more opportunities for work in entertainment as time goes on.
Not to mention, more aspects of Hollywood productions are going remote. Actors no longer need to go to auditions physically, instead, they send in self-tapes. Workers in pre and post-production plan progress over Zoom instead of meeting rooms.
WHILE HOLLYWOOD IS FACING NEW COMPETITION OVER ITS PRODUCTIONS, MOST OF THE INDUSTRY IS STILL CONCENTRATED IN LA…
Fields like casting, packaging, and greenlighting films still take place firmly in California. More creative fields like gaming and the creator economy also make it difficult to replace California altogether.
Let The Credits Roll…
With so many changes affecting the industry so quickly…
Audiences will just have to wait to find out if La La Land will hold up…
Or if old Hollywood will surrender productions to a new movie-making town for good.
Be Great,
GCTV Staff
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