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US Finally Stems the Bleeding in Film Production — but Will It Last?

Jeremy Fuster· ·7 min read · 0 reactions · 0 comments · 13 views
#film#production#tax incentives
US Finally Stems the Bleeding in Film Production — but Will It Last?
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Film production in the U.S. has stabilized after years of decline, largely due to California's expanded production tax incentive program. This initiative has led to a significant increase in approved film and television projects within the state. However, the overall number of high-budget productions globally continues to decrease, creating a competitive environment among production hubs.

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TheWrap · Jeremy Fuster
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Home > Industry News > Industry Trends US Finally Stems the Bleeding in Film Production — but Will It Last? Pro Available to WrapPRO members After four years of decline in global production share, spending on film and TV shoots in the U.S. has stabilized in the first quarter of 2026 Jeremy Fuster May 19, 2026 @ 6:00 AM Share on Social Media Share on Facebook Share on X (formerly Twitter) Share on LinkedIn Share on Email John Krasinski's "A Quiet Place: — Part III" is one of the major Hollywood productions shooting this year that hasn't left the United States A year ago, California was facing an existential crisis over the future of one of its most defining industries, losing film productions left and right to other states and, more so, to other countries.

Excerpt limited to ~120 words for fair-use compliance. The full article is at TheWrap.

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