California Approves Major $750 Million Film and TV Tax Credit Expansion to Combat Production Exodus

Raj KapoorJune 27, 202508 mins

Sacramento, California – In a significant legislative maneuver aimed at revitalizing its signature entertainment industry, California lawmakers have formally agreed to dramatically expand the state’s film and television tax credit program. The deal, hammered out by legislative leaders and approved around June 27, 2025, will elevate the annual allocation for the incentives from its current…

Los Angeles Film & TV Production Plummets Amid Global Competition, Tax Credit Push Intensifies

LAToday_AdminJune 25, 202507 mins

LOS ANGELES, CA – A new report reveals a significant downturn in Los Angeles’ signature film and television production industry, coinciding with the premiere of a major new series that prominently features the city as a character. Amidst this challenging economic climate, California lawmakers are intensifying efforts to boost tax incentives to retain and attract…