Entertainment
Film and TV fraternity are swiftly ditching Los Angeles, here’s why
Entertainment industry in LA still reeling from Covid losses
Most importantly, it clearly looks like the Los Angeles film and TV industry has still not reeled back from the major losses it had suffered during the pandemic and the aftershocks can be seen even now. After the pandemic, living cost have also surged ahead, leaving the industrial workforce in the entertainment industry far behind.
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Living costs at an all time high, leading to the Hollywood exodus
Rents are currently at an all-time high in the city and real-estate prices are currently touching the ceiling, making it incredibly tough for this industry’s members to thrive smoothly in the posh city. People flock to the Los Angeles looking for their big breaks in films, TV shows and even on the workforce teams, but the current scenario has placed people’s dreams in the gray area. This amount of uncertainty has left people moving to other cities and join the workforce there or taking up jobs in other sectors in cities like Washington DC, New York, etc.
Entertainment industry workforce moving to Atlanta, New Mexico
Artificial intelligence has also been deemed as one of the reasons people in the entertainment industry are out of jobs as people are constantly showing a trend of seeking work opportunities in other job sectors. Some people have moved to Atlanta and New Mexico, according to an MSN report, where the production houses have offered these people better opportunities and tax incentives. The crew that come in from a city like Los Angeles is usually the cream layer and no city’s entertainment industry would like to miss the chance to get them onboard.Also Read: Was a top-secret US naval submarine spotted on Google Maps? What is Manta Ray and why is it significant?
FAQs:
Is there a booming entertainment industry in Los Angeles?
There is a massive entertainment industry in Los Angeles, be it films or TV. However, its workforce is currently on a decline, owing to various factors, including living costs and prices.
Which cities in USA have entertainment workforce?
The TV and film industry in the US is distributed across major cities including the likes of New York, Los Angeles, Atlanta, New Mexico and others.
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