Los Angeles maintained its position as the global hub for film and TV production in 2024, despite a decline in the overall market, according to a report issued by FilmLA. The report stated that 18.3% of the 857 films and scripted TV series released in 2024 were shot in Los Angeles, a share that remained nearly unchanged from the 18.5% in 2023. Georgia was the closest competitor, with 9.8% of productions released in 2024 shot in the state.
The report attributed the stability of Los Angeles' market share to the city's long-standing reputation as a hub for film and TV production, as well as its extensive infrastructure and resources. "Los Angeles has a long history of being a major production center, and it's no surprise that it continues to be a top choice for filmmakers," said Paul Audley, president of FilmLA. "We have a highly skilled workforce, a wide range of production facilities, and a favorable business climate, all of which make it an attractive location for productions."
The report also noted that the U.K. is growing its share of the overall market, thanks to a surge in streaming and cable TV series shot in the country. The U.K.'s market share grew from 6.6% to 8.8% in 2024. This trend is likely driven by the increasing popularity of streaming services and the growing demand for high-quality content.
The decline in the overall market is attributed to a number of factors, including the rise of streaming services and the increasing competition for productions. According to the report, the number of productions released in 2024 decreased by 10% compared to the previous year. This decline has led to a decrease in production volume and a shift in the types of productions being made.
Despite the decline in the overall market, Los Angeles remains a popular destination for filmmakers, with many productions choosing to shoot in the city due to its favorable business climate and extensive resources. The city's tax incentives and favorable business climate also make it an attractive location for productions.
The report's findings have implications for the film and TV industry, as well as for the local economy. The decline in production volume and the shift in the types of productions being made may lead to changes in the types of jobs available and the skills required by the industry. Additionally, the growth of the U.K. market may lead to increased competition for productions and a shift in the global distribution of film and TV content.
The report was issued by FilmLA, a non-profit organization that tracks film and TV production activity in Los Angeles. The organization provides data and insights to help filmmakers, producers, and policymakers make informed decisions about the industry.
Share & Engage Share
Share this article