Out-Of-State Film Tax Incentives Have Domino Effect In LA

“Hollywood’s competition is now states like New Mexico, Arizona, Michigan and Louisiana — states that never had much film and television production before” but now use tax incentives to lure on-location production that used to happen in Los Angeles. “That exodus, in turn, affects the entire Los Angeles economy: the caterers, store owners, dry cleaners, restaurants and even Hollywood’s biggest prop house, 20th Century Props, which went out of business last week with a huge auction.”