Take Two translates the day’s headlines for Southern California, making sense of the news and cultural events that affect our lives. Produced by Southern California Public Radio and broadcast from October 2012 – June 2021. Hosted by A Martinez.
Netflix bucks industry trends, will invest in California productions
The business of making film and television is a vital part of California's economy.
But over the past couple of decades, Hollywood's claim to being the film and TV production capital has been challenged by so-called runaway production.
Studios routinely film in places like New York, Georgia and even Canada to earn lucrative tax breaks that the Golden State hasn't been able to match.
So there was some general rejoicing when Netflix announced that not only does it believe in California productions, but it is planning to invest billions to support them.
Sharon Waxman is the founder of the entertainment publication The Wrap. She's been writing there about her conversation with Netflix's CEO about the decision.
To hear the full conversation, click the blue player above.