HOLLYWOOD (CBSLA.com) — More and more production companies appear to be moving out-of-state in order to take advantage of incentives Hollywood has yet to offer.
In his first State of the Hollywood address, Los Angeles Councilman Mitch O’Farrell Thursday said that “half a million jobs are at stake.”
“We need to catch up,” the councilman told CBS2’s Art Barron. “We need to send a signal to the entertainment industry that we’re determined to keep the industry here but not to just keep it here but help it thrive and grow.”
Barron reports that Hollywood is losing out to places like New York and Atlanta. According to Barron, runaway production is even affecting the adult film industry due to the voter-backed measure requiring condoms to be used in all locally produced adult films.
“I think that Southern California can be definitely negatively impacted as the industry starts looking elsewhere for film…
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