Variety ·entertainment ·1 hour ago

Hollywood presses for federal production tax incentive amid job losses

Hollywood is pressing for a federal production tax incentive as systemic issues intertwine with California politics amid preparation for the mayoral and gubernatorial elections. Gene Maddaus of 'Daily Variety' noted that the ongoing production slump and job losses have galvanized showbiz to advocate for solutions. With incentives lagging, studios are increasingly shifting production overseas.

Summary by OZbrief · Variety

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