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California Has No One to Blame But Itself for TV and Movie Productions Leaving the State
According to a new report by the Milken Institute, California can point the finger at no one but itself for the recent decline in local TV and movie production.
The report, issued Thursday, says that over the past decade or so, the Golden State has seen a decrease in local production while other states have seen an increase, says the Hollywood Reporter. That's in part because other states have been making significant efforts to attract production -- New York and Louisiana, for instance, have been upping tax incentives and highlighting the fact that their workforce is less expensive.
California, meanwhile, has issued a tax incentive, but one that doesn't reach as many people as it could. We also boast a highly skilled labor force (go us) but one that comes at a high price.
Researchers at Milken suggest that to turn the tide, the state continue the tax incentive program and increase the amount of money it spends on the program, and focus on retaining TV production and drawing in international filmmakers.