Matt Minton mminton@variety.com A group of the industry’s top executives and creatives gathered at NeueHouse Hollywood for the Hollywood Chamber’s 2024 Entertainment Industry Breakfast on Dec.
5, presented by Variety, to look at “Driving a Path Forward” in the anxious aftermath of recent strikes and historically low records of production in Los Angeles.
Paul Audley, president of the nonprofit group FilmLA, presented research about disruptive trends in the industry and the opportunity for California to provide more tax credit incentives to boost local production.
From a 2023 scripted content study, he cited that while industry output is declining all around the world, it is declining at even faster rates in L.A. “We were honored to be present when Governor Newsom proposed expanding the tax credit here to $750 million a year,” Audley remarked. “[But] there’s a lot of work ahead to see that proposal become reality … There are already grassroots and professional efforts forming to have much needed conversations.” Michael Schneider, Variety’s television editor, moderated a panel with a series of top film and TV executives, including David Eilenberg of Roku, Jamila Hunter of Macro Television Studios, DanTram Nguyen of Searchlight Pictures, Lisa Niedenthal of Blumhouse and Allison Wallach of Fox Entertainment.
Read more on variety.com