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BUSINESSBloomberg Markets·21h ago

Odd Lots: Why Is the Entertainment Industry Leaving LA?

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AI TLDR · GEMINI

The entertainment industry is increasingly moving film and television productions out of Los Angeles. Experts suggest that business has been declining in the region since the pandemic, leading to more shoots occurring internationally.

For Hollywood, business has been declining since the pandemic. Fewer shoots are taking place in Los Angeles while movie productions are happening elsewhere in the world. On this episode of the Odd Lots podcast, creative director of LA Material, Hayes Davenport, joins Tracy Alloway and Joe Weisenthal at a live recording at the Vermont Hollywood theater to unpack why productions are taking place outside of the historic heart of the American film industry. (Source: Bloomberg)

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