Advancing the Resilience of the Film and Television Industry in Los Angeles
Innovative strategies to attract and keep production in LA
Retaining LA’s Leading Position in Film and TV Production
Despite being the global leader in film and television production, Los Angeles County faces growing challenges from rising competition, technological disruption, and a gradual loss of market share. In this report, Beacon Economics proposes innovative strategies to attract and retain film, TV, and commercial production in Los Angeles. Although LA County still enjoys major competitive advantages such as talent concentration, infrastructure, diverse locations, and favorable weather, it must address the area’s high living costs, complex filming regulations, and the decentralization enabled by remote work technologies.
The report’s recommendations include incentive packages, regulatory reform, and the creation of a creative economy capital development (evergreen) fund. The recommended strategies also offer a range of policy options—from large-scale programs to targeted reforms—all focused on permitting efficiency, cost reduction, and tech advancement within the local industry. Moving forward, the County’s strategy should focus on fostering adaptability, leading in technological innovation, streamlining production processes, and maintaining its market share.
Key Highlights
Declining
Market Share
Los Angeles County still leads the world in film and television production but it’s losing market share.
Competitive Advantages
LA is well-positioned to lead in industry innovation given its deep talent pool, infrastructure, and location advantages.
A Range of Strategies
The County has a variety of options, both broad and targeted, to strengthen the local industry and preserve LA’s leading position.
Expert Insights
Stafford Nichols
“In the face of fierce competition and technological disruption, LA County is showing thoughtful, long-range support for its iconic film and television industry, nurturing growth and employment opportunities for a broad array of Angelenos.”
– Stafford Nichols, Research Manager, Beacon Economics
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