Trends in Motion Picture and Television Finance Fall 2024: Finding Funding During a Production Slowdown
Update: 2024-11-27
Description
Production and funding in the decline — where is the entertainment industry headed? In this episode of GHJ’s Media Clips Podcast, GHJ Entertainment Practice Leader Ilan Haimoff is joined by Akin Gump Partner Chris Spicer, Bank of America Entertainment Industries Group Head Randy Hua, and Film Finances, Inc. Senior Vice President of Business and Legal Affairs Bryan Bordon.
The industry has seen a 20 percent decline in production in Los Angeles in 2023 and 40 percent decline across the United States in 2024. The panelists discuss how producers are responding to this decline, finding opportunities to fund their projects and taking advantage of tax subsidies to offset rising budgets.
The industry has seen a 20 percent decline in production in Los Angeles in 2023 and 40 percent decline across the United States in 2024. The panelists discuss how producers are responding to this decline, finding opportunities to fund their projects and taking advantage of tax subsidies to offset rising budgets.
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