Gov. Newsom Struggles to Restore California’s Film Industry

California’s film industry is flatlining and Gov. Gavin Newsom is struggling with how to save it.

Newsom is trying to double the state’s film tax credit in the upcoming budget to bring entertainment back to California. Movie and TV productions have fled California, shooting in cheaper locales that offer generous tax credits and cheaper labor, even filming in Europe to save money.

Since 2020, Hollywood has faced the pandemic, the writers and actors strikes, and the California wildfires at the same time the streaming bubble burst, leading to a decrease in scripted productions. Some wonder if Hollywood can ever be restored to its former glory, even with an increased tax credit.

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