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MoviesOct 21

California Tried to Jumpstart the Film Economy. Production Keeps Falling.

California’s $750 million bet on Hollywood has not reversed the overall decline in production, according to data released Wednesday by FilmLA. Instead, production levels fell 3.7% in the third quarter — even as the share of projects receiving state subsidies continued to rise.
Excerpt from Variety · Oct 21, 2026

Sources: Variety · Deadline · The Hollywood Reporter

Read the full story on Variety