WGA

Production

Is Hollywood Worth Saving? The Harsh Reality Facing L.A. in 2025

January 19, 2025 FilmTake Comments Off on Is Hollywood Worth Saving? The Harsh Reality Facing L.A. in 2025

Hollywood is facing an existential crisis as production declines, jobs vanish, and competition intensifies from regions offering better incentives. Wildfires have further destabilized the industry, while creative stagnation persists. Tax incentives may not suffice to reclaim prominence. 2025 holds critical potential for reform, or Hollywood may falter irreparably.

Distribution

Market Outlook Positive: Buyers Enthused by Film Offerings and Presale Packages

May 15, 2024 FilmTake Comments Off on Market Outlook Positive: Buyers Enthused by Film Offerings and Presale Packages

Despite the challenges at AFM, TIFF, and EFM in restoring pre-lockdown attendance levels, Cannes has flourished, showing consistent growth and culminating in its largest market in years. Following the first day of Cannes, the atmosphere remains upbeat as sales agents and producers indicate strong interest from international buyers.