🎬 Lights, camera… fewer productions? Despite Sunday’s glittering Oscars celebrating cinematic magic, Hollywood’s hometown faces a plot twist. Los Angeles film production dropped 5.6% in the past year, sparking alarm in the entertainment capital.
Once the undisputed king of silver screens, LA now competes with states and countries offering tax breaks 🏛️🌍. Even creatives are leaving town—a trend hitting everything from indie films to blockbuster budgets.
✨ But wait! A new campaign aims to rewrite this script. Details are still under wraps, but insiders say it’ll focus on incentives 💸, infrastructure upgrades 🎥, and wooing studios back. Could this be Hollywood’s comeback sequel?
For now, fans wonder: Will LA’s golden era fade… or fade to black? 🍿 Stay tuned.
Reference(s):
cgtn.com