Hollywood's Production Slump Becomes Key Issue in California Political Races
By
Cynthia Littleton
Summary
Variety's Gene Maddaus discusses how Hollywood's systemic problems—including a prolonged production slump and the exodus of production and white-collar executive jobs—have become a pivotal political issue in the races for L.A. mayor and California governor. The crisis has galvanized Hollywood to lobby aggressively for a federal production tax incentive program to combat production moving overseas.
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Key quotes
· 3 pulledThe key thing here is these trends about production going overseas and tax incentives being offered in...
Hollywood's systemic problems become a pivotal political issue in the race for L.A. mayor and California governor.
The attention now being paid to the prolonged production slump and the exodus of production and white-collar executive jobs has had the effect of galvanizing Hollywood to lobby hard for a federal production tax incentive program.
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