Gavin Newsom’s Plan to Boost Hollywood Isn’t Enough. Here’s What Could Help (Guest Column)

Story by Erik Hayden

Image from The Hollywood Reporter

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California's entertainment industry faces challenges as production flees the state, but Newsom's tax credit plan may need more to keep Hollywood's magic alive.

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Unscripted TV production in LA has plummeted by 56.3% in the last quarter alone, threatening local economies and industry workers' livelihoods.
To compete, California must expand its tax incentives to include unscripted shows, remove budget caps, raise credit percentages, and make credits refundable - a bold vision to restore the state's status as a global entertainment hub.

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Gavin Newsom, Ben Samek, Banijay Americas, Banijay Entertainment, MasterChef, The Summit, LEGO Masters, Below Deck Franchise, Como Agua Para Chocolate, The Challenge, Love is Blind Brasil, La Casa de los Famosos

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