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Hollywood’s production slowdown worsens as LA soundstage use hits low

Summary by Straight Arrow News
California soundstage occupancy fell to 63% in 2024, down from 90% between 2016 and 2022. The drop is attributed to productions leaving the state for regions offering more generous tax incentives. Competing markets like Georgia, Canada and the U.K. offer larger or uncapped incentives and have doubled production capacity in recent years, attracting more projects. The decline in productions has broader economic implications, as California’s film a…

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Bias Distribution

  • 43% of the sources lean Left, 43% of the sources are Center
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Variety broke the news in Los Angeles, United States on Thursday, April 3, 2025.
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