As a result of the state’s excessive taxes and job-killing regulations which are devastating our local economy, Supervisor Antonovich initiated an aggressive effort, to halt runaway production in Los Angeles County at the Board of Supervisors, and The Metropolitan Transportation Administration (MTA).
The Board of Supervisors unanimously approved his motion urging state lawmakers and the Governor to enact reforms to make California competitive with other states that have successfully lured away film and television production.
Additionally, the MTA board motion, co-authored by Mayor Garcetti and Los Angeles City Councilman Paul Krekorian, directed procedures to streamline the permitting process for production companies and was approved unanimously.
The flight of the multi-billion dollar film and production industry has created an enormous impact on the Los Angeles County economy — increasing unemployment, shrinking local businesses, and weakening fiscal resources.
Feature filming in Southern California dropped 50% from its peak in 1996 — and television documentaries are down 39% from their peak in 2008. Workers in our region have lost more than $3 billion dollars in entertainment production wages over the last decade. Most recently, the departure of “The Tonight Show” from Burbank to New York City resulted in the direct loss of 150 jobs – and a severe blow to those employed in ancillary industries including electricians, carpenters, caterers and countless employees that support production.
“In 1997, every big-budget film but one was filmed, at least partially, in Los Angeles County; but in 2013, only two movies with production budgets higher than $100 million were filmed here,” said Supervisor Antonovich.
“California needs to aggressively pursue incentives similar to Georgia, Louisiana, North Carolina even New York,” states that are successfully poaching production away from California by offering generous economic benefits,” he added.
- Georgia – 20% tax credit led to a 300% increase in its share of top-grossing movies.
- Massachusetts – 25 cents in tax credits for every new dollar spent in the state helped the state rise from 18th place in film production to 11th place in only five years.
- Louisiana – 30% tax credit and an additional 5% labor tax credit for state residents employed by the motion picture industry helped the state add over 6000 jobs in film production between 2010 and 2012 and quadruple its share of top-grossing movies.