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Monday, August 17, 2026

Hollywood is no longer a place. it's a concept "The Massive Moviemaking Exodus from Hollywood "- POLITICO

https://www.politico.com/news/magazine/2026/08/16/hollywood-film-production-illinois-tax-credits-01037735 


"Hollywood" is wherever 
 you make a movie now. 
"
California has responded to the threat — which contributed to a loss of more than 42,000 film and television jobs in Los Angeles County between 2022 and 2024 — with an increased sense of urgency. Last year, lawmakers more than doubled the state’s Film & Television Tax Credit Program to $750 million, which is awarded annually to qualifying productions. This summer, however, Gov. Gavin Newsom proposed a new limitation on the state’s corporate tax credits that would undercut the production incentive..."