Navigating Uncertainty: The Future of L.A.’s Soundstage Industry
Hollywood Soundstage Operators Are Reeling. Will State Tax Credits Help? Los Angeles’ soundstage industry has been hit hard by a series of disruptions, including the pandemic, Hollywood strikes in 2023, and a steady migration of film and TV production to other states and countries. The downturn has impacted not only soundstage owners but also the broader ecosystem of prop houses and service providers. In response, California lawmakers have more than doubled the state’s annual film and TV tax credit to $750 million, a move industry leaders hope will help revive local production. Studio executives view the expanded credit as …
https://www.epicbrokers.com/insights/navigating-uncertainty-future-of-la-soundstage-industry/