So, Hollywood is out here begging Sacramento for help to save jobs, and two bills are finally making their way through the legislative process. The bills aim to boost California’s film and TV industry by increasing tax credits and expanding eligible productions. Not really sure why this matters, but lawmakers got on board and passed the bills through their first hurdles.
Critics are throwing shade at the tax credit program, saying it’s just a corporate handout. Some economists are skeptical, claiming government shouldn’t be picking winners and losers. Maybe it’s just me, but this seems like a messy situation with cuts in funding and economic uncertainty looming.
Hollywood is pulling out all the stops to get these bills passed, with workers and unions lobbying hard. They’re saying the tax credits will benefit more than just the entertainment industry. But there are still doubts and disagreements among stakeholders, especially when it comes to postproduction and music scoring. Not sure how this is all going to play out, but it’s definitely a wild ride.
