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FilmLA’s newest version of its annual Scripted Content material Examine reveals how the decline in manufacturing in Hollywood’s yard continued in 2024, as business and political forces are combating to reverse that tide in 2026 and past.
Within the new report revealed Tuesday, solely 157 theatrical movies, tv reveals and films, and streaming initiatives shot in Los Angeles County have been accomplished and launched in 2024. That’s down 14% from the 183 initiatives recorded in 2023 and the 228 recorded in 2022 amidst the manufacturing backlog attributable to the COVID-19 pandemic.
Whereas the lingering results of the 2023 strikes performed an element on this downturn, so has the rising competitiveness of manufacturing hubs in different states and nations to draw productions operating on tighter and tighter budgets.
In tv, for instance, the variety of launched initiatives shot in Los Angeles dropped from 105 in 2023 to 77 in 2024, whereas the UK noticed a rise in that very same time span from 22 to 39.
Whereas Hollywood stays the chief in international movie and TV manufacturing, the hole continues to steadily slender whereas an estimated 41,000 leisure jobs in Los Angeles have been misplaced over the previous 5 years, in line with information from the Bureau of Labor Statistics.
In response to this, California lawmakers, pushed by heavy lobbying from leisure studios and unions in addition to the grassroots group Keep in LA, permitted an enlargement of the state’s tax incentive program from a $330 million cap to $750 million. Dozens of TV initiatives have already been permitted for the tax credit score since its passage, together with the third season of Amazon Prime’s “Fallout” and a revival of the 90s lifeguard drama “Baywatch.”
“Finally, this examine reveals little that California’s inventive neighborhood doesn’t already perceive on a private stage,” noticed FilmLA Vice President of Communications Philip Sokoloski. “There are far fewer movie initiatives being made in Los Angeles than there have been within the latest previous. Expanded choices for attracting and retaining movie jobs – as enacted this previous July — should not solely good for California’s financial system, they’re a crucial type of safety for working households.”
With the tax credit score secured, FilmLA and native officers are actually working to streamline allowing processes to cut back the purple tape and extreme charges which have discouraged producers, particularly these of unbiased initiatives, from working within the space. Among the many deliberate reforms are the introduction of “low-impact” permits, a streamlined allow obtainable to indie productions which have minimal crew sizes and inspection necessities.
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