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Luminate Report

All articles tagged with #luminate report

LA's Hollywood Hold Slips as Filming Flows to Cheaper Global Hubs
business2 months ago

LA's Hollywood Hold Slips as Filming Flows to Cheaper Global Hubs

New data show Los Angeles is losing ground as a hub for film and TV, with Luminate reporting a 24% year-over-year drop in major scripted projects shot there and FilmLA data showing declines across feature, TV, and commercials, totaling 19,694 shoot days in 2025—a sharp drop from 36,792 three years earlier. In response, California boosted incentives to up to $750 million annually and L.A. officials moved to streamline permits and fees to keep productions local, while studios shift work to New Jersey, Georgia, Canada and the UK amid changing distribution models and fewer theatrical releases. The trend highlights a broader global scramble for production locations and the uncertain future of Hollywood’s traditional crown.

Taylor Swift's 'Tortured Poets Department' Dominates 2024 Charts, Shattering Records
music-industry1 year ago

Taylor Swift's 'Tortured Poets Department' Dominates 2024 Charts, Shattering Records

Taylor Swift's album "The Tortured Poets Department" has outsold the rest of 2024's top 10 albums combined, with 2.474 million copies sold and 2.753 billion streams. The album's success is partly due to numerous physical variants, a trend criticized by some artists like Billie Eilish. Swift's album leads in both sales and streams, with a total of 4.66 million album equivalent units. Luminate's report also highlights the rise of live music spending and the growth of Latin music in the U.S.