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Production Jobs

All articles tagged with #production jobs

LA Film Jobs at Risk in Paramount-Warner Merger, Study Finds
business2 hours ago

LA Film Jobs at Risk in Paramount-Warner Merger, Study Finds

Los Angeles County’s CVL Economics study warns the Paramount-Warner Bros. merger could cost about 4,500 film/TV production jobs in LA over three years, with a ripple effect totaling around 10,360 jobs as the combined company seeks cost-cutting and may move production out of the city. Paramount says the merger would strengthen the industry with a $30 billion annual production plan, though it has not pledged to keep LA production. The deal is paused pending antitrust litigation through March 2027, with lawsuits from the WGA and state attorneys general.

Hollywood Urges Carve-Out as CA Film Credits Face Caps
business2 months ago

Hollywood Urges Carve-Out as CA Film Credits Face Caps

A coalition led by the Motion Picture Association warns Gov. Newsom that proposed caps on California film tax credits (a $5 million annual limit for three years and a permanent 70% liability cap starting in 2030) would chill production and cost tens of thousands of middle-class jobs, pushing for an exemption to keep credits fully usable; state officials argue the cap is a budget compromise with some credits still redeemable or transferable.