Hollywood's Battle: Unions, AI, and Global Competition
Governor Gavin Newsom's proposal to double California's film and television tax incentive program to $750 million is criticized for not being competitive or comprehensive enough to retain productions in the state. The plan overlooks unscripted television, a significant and growing segment of the industry, which is increasingly relocating to other regions offering better incentives. To restore California's status as a global entertainment hub, the proposal should include unscripted productions, remove budget caps, increase credit percentages, and make tax credits refundable.
