2 ms·
> The little dinosaurs are ignoring the great big elephants in the room: gaming Partially, but a massive issue has been the offshoring of Hollywood [0]. UK, C
by alephnerd 8mo ago
> The little dinosaurs are ignoring the great big elephants in the room: gaming
Partially, but a massive issue has been the offshoring of Hollywood [0].
UK, Canada, EU states like Ireland and Poland, and others match dollar-for-dollar in subsidizes to incentivize local production, and factoring in lower salaries are able to outcompete even Georgia.
After COVID and the WGA/SAG-AFTRA strike, production completely left Hollywood.
Film production is high risk and expensive, so margins really matter, so the double whammy of the COVID shutdowns and then fhe WGA/SAG-AFTRA strike became existential.
California has been trying to reincentivize onshoring [1], but it's too little too late. Hollywood even lobbied the Trump admin [2] for a 100% tariff on foreign produced films [3] which more diversified media companies pushed back.
[0] - https://milkeninstitute.org/content-hub/research-and-reports/reports/hollywood-reset-restoring-stability-california-entertainment-industry https://milkeninstitute.org/content-hub/research-and-reports...
[1] - https://www.politico.com/news/2025/06/06/gavin-newsom-hollywood-film-industry-00391499 https://www.politico.com/news/2025/06/06/gavin-newsom-hollyw...
[2] - https://www.politico.com/news/2025/10/15/hollywood-lobbying-firms-ai-threat-00608521 https://www.politico.com/news/2025/10/15/hollywood-lobbying-...
[3] - https://www.bbc.com/news/articles/c4g78e809zqo https://www.bbc.com/news/articles/c4g78e809zqo