California Losing Movie Production and Money

Global Business

A newly released study about the state of California’s film industry revealed a disturbing trend only two of the top 25 big budget films were actually filmed in the state last year.

Experts say big budget films, TV shows and productions are all fleeing California and, as a result, the state is hemorrhaging tens of thousands of jobs and billions of dollars in revenue.

Films Flee Hollywood

Films Flee Hollywood

A newly released study about the state of California's film industry revealed a disturbing trend only two-of-the top 25 big-budget films were actually filmed in the state last year. Experts say big budget films, T-V shows and productions are all fleeing California and, as a result, the state is hemorrhaging tens-of-thousands of jobs and billions-of-dollars in revenue.
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