Wednesday, August 4, 2021

L.A. TV PRODUCTION JUMPS 33.7 PERCENT

July 16, 2014 by · Leave a Comment 

Crediting the growing demand by cable networks and digital video services like Netflix and Amazon Prime for original content, FilmLA, the semi-official agency that secures permits for studios to shoot in public locations, reported today (Wednesday) that TV productions in the city rose a remarkable 33.7 percent in the second quarter. Asked the inevitable question about whether taxpayers should now be asked to foot the bill for tax incentives to keep productions here, FilmLA President Paul Audley told TheWrap.com: "When a number like this hits, opponents of the tax credits will jump on it and say it shows they’re unnecessary … but it’s critical to note that we’re barely above 50 percent of what we were in 2006-2008, the peak years for TV production."