Report: High Costs, Low Subsidies Hold Back California Film and Television Production | Entertainment Industry

According to an entertainment industry report released by the Milken Institute, a California think tank, on May 27, California has been unable to prevent Hollywood from moving production to other states or countries due to insufficient incentives, complex state regulations, and high housing and operating costs. The two authors of the report, Kevin Klowden, executive director of finance at the Milken Institute, and the University of California, L…