L.A.’s Entertainment Economy Is Looking Like a Disaster Movie – Work is evaporating, businesses are closing, longtime residents are leaving, and the city’s creative middle class is hanging on by a thread

https://www.wsj.com/business/media/los-angeles-entertainment-economy-downturn-7879105c

19 comments

  3. I didn’t want to leave but my newspaper was going under so I had no choice, and yeah, my job was taken by AI so not particularly happy about it

  4. It’s hard in pretty much every industry right now. Have you seen the price of groceries?

  6. You mean after going woke and trans for years and using AI and firing everyone and masked gestapo police kidnapping non-whites off the streets and yelling at all non-whites in the world to stay away from you? Weird…that you can’t figure out that you are the problem.

  7. This should have come out months ago. The industry is finally starting to pick up again. 

  9. I’m completely clueless, so curious.

    Is this the entertainment industry having issues or the entertainment industry in LA having issues?

    Being objective, if I was filming I’d go somewhere else, especially if they offered me all kinds of incentives.

  10. A lot of this is self-inflicted. The push for every company to have a streaming service, the lack of quality writing for movies, and the high cost of going to the movies has killed the business.

  11. Maybe Hollywood should remember how to tell a compelling story rather than relying on special effects and unrealistic narratives.

  13. Really sucks too, I really just started to break in on the audio side of things and everyone’s leaving in droves, basically missed the whole era of it entirely. Sucks.

  15. This isn’t exactly true. This is a propaganda piece from a right wing “news” organisation.

    While it is true that production has certainly taken a dip in LA, and nation wide really, that is mostly because places like Toronto or Vancouver have really developed their filming studios and abilities to shoot large scale projects, over the last 10-15 years, and obviously it’s cheaper to shoot there than in New York or LA, with just as good studios. Secondly, one of the large reasons that LA was also a focal point of shooting was because actors generally just all lived there, so it’s just easier for things to be filmed in a location actors live at. However also over the last 10 years there’s been a shifts of actors moving out of LA and California and being more willing to shoot wherever in the world the studio wants. 

    Now, of course, one of the big factors that has driven away production is economic factors, as the simple fact is, it’s not cheap to shoot in LA. You are essentially adding on a 10-20% extra shooting cost just for the privilege of shooting in LA. Before studios were willing to do this as LA had world class facilities on a scale unmatched. Now though, places all over the world have world class facilities, and London in the UK has particularly expanded its production abilities too, with them also planning to building several more studios in the coming years. That’s why the last several marvel films have all been filmed and are filming in London, as the studios are just as good, there’s good location shooting opens in the UK and close by in Europe, and it’s cheaper. Although a lot of studios shifted to filming in Atlanta rather than LA a while ago before moving out of Atlanta.

    One of the other factors that has impacted the US film industry, is simply the political climate. This isn’t just the last year, it’s the climate over the last 10 years. LA may be in a liberal state, but the overall political climate has challenges for productions, and particularly crew members. Studios feel far more comfortable filming in places where the political climate isn’t so charged.

    Now, by no means do I think LA industry is dead or going to die. I do think that for it to bounce back there will have to be changes to the industry, regulations regarding AI, and also financial incentives from the federal level. None of that will happen over the next 3 and a bit years with a far right figure in the White House though.

  17. Yeh but fuck trump trying to keep movies in the states right? /s

  18. I moved to Paris and have set up my own production company! Lots of artists are moving to Europe now.

  19. It would help if conservatives and Fox News stopped trying to cancel everything

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