In light of more generous credits available in other states, the industry is advocating for increased tax credits in California to remain competitive.

The film industry contributes approximately $43 billion in wages to California's economy, raising concerns about sustainability amid declining production.

California's share of the global production market decreased from 22% to 18% between 2022 and 2023, according to FilmLA.

Over the past 30 years, other regions have enhanced their financial incentives and infrastructure to attract film production, impacting local industry workers in Los Angeles.

FilmLA reported a 5 percent decline in production in the Greater Los Angeles area for the third quarter of 2024, totaling 5,048 shoot days, marking it as the weakest quarter of the year.

Scripted TV production saw a slight increase to 758 shoot days but remains 55.5% below the five-year average.

The report highlights the far-reaching economic impact on local businesses and workers due to reduced filmmaking activities.

Former state Senator John Moorlach recalled significant pressure from the film industry during the passage of Senate Bill 871, which allocated $330 million annually in tax credits for productions.

Efforts are underway in Los Angeles County to support and attract productions by streamlining permitting processes and incentivizing local production.

A significant concern is the 56 percent drop in unscripted TV production compared to last year, despite a slight increase from the previous quarter.

The total number of economically valuable TV and film productions declined by about 20% from 2022, largely due to strikes and the end of Peak TV.

FilmLA President Paul Audley emphasized the importance of updating California's film incentive program to reflect current industry outputs, noting that it is effective for job creation.