Film production in LA dropped more than one-third in the first quarter of 2017 compared to last year - the lowest level since 2012.
Production of TV pilots also dropped -- down 15.5 percent from the first quarter of 2016.
TV production has also slipped, though at under 1 percent.
California expanded its film and TV production tax credit program from $100 million to $330 million in 2014. AirTalk looks at what is behind the drop in production this year -- and whether the generous tax incentive program is accomplishing what it wants to do.
Guests:
Dominic Patten, senior editor and Chief TV Critic at the news and entertainment site, Deadline; he authored the article, “On-Location Film Production In L.A. Falls To 5-Year Low & TV Dramas Dip In Q1”; he tweets
Kevin Klowden, managing economist at the Milken Institute, where he also directs the California Center
Joseph Henchman, vice president, Legal & State Projects, The Tax Foundation