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Tax incentives are working for California's film industry

Movies & Series · 2026-05-31T00:31:32.000Z

California's film and television industry has struggled mightily over the past five years. COVID-19 forced the world to stay home and away from theatres. The streaming bubble popp…

California's film and television industry has struggled mightily over the past five years. COVID-19 forced the world to stay home and away from theatres. The streaming bubble popped, leaving many industry workers without jobs. A series of guild strikes followed. The Hollywood Reporter predicted that Hollywood would become the "Next Detroit Auto" in a report [...] Source: https://newuniversity.org/2026/05/30/tax-incentives-are-working-for-californias-film-industry/