LOS ANGELES, May 30 (Xinhua) -- Los Angeles County's share of U.S. film and TV employment fell precipitously to 27 percent in 2023, down 8 percentage points from the year before, but Hollywood remains the industry leader, according to a new report released on Thursday.
The Otis College Report on the Creative Economy, titled "Die Another Day -- Hollywood Transformed in the Streaming Era," pointed out that film and TV jobs are growing outside of Los Angeles "will naturally raise age-old questions about Los Angeles' place within the film and TV industry, and the extent to which the industry is leaving for competing markets, threatening L.A.'s traditional role as 'soundstage to the world.'"
