Already coming off a five-year low in 2019, film and television production in Los Angeles is almost assured to bottom out in 2020 due to the coronavirus pandemic, regardless of when features, serie…
“As of today, with the shutdown poised to extend deep into the second quarter,analysts predict that local Shoot Day losses are already unrecoverable for the year,” proclaims a report released by the on-location organization on Thursday.
. Then, on that clearly troubled landscape, COVID-19 hit and production came to a halt in mid-March on stages and sets across the region as studios and networks moved to limit contagion– a smash to the solar plexus of an industry that has seen fairly consistent growth over much of the past several years, especially thanks to the rise of streaming services.
“FilmLA joins with all of Los Angeles in prioritizing the health and well-being of our communities during this unprecedented challenge,” the permit processing agency’s president Paul Audley said with today’s harsh Q1 report. “Our concern extends also to the economic security of local families, including the nearly one in five Angelenos with ties to this business and the thousands of small businesses they support.
Overall, Film production was relatively stable up until the mass shutdown, with a mere 6.1% dip at the start of this year in contrast to Q1 2019.
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