Why aren't filmmakers shooting in LA?

This NPR Planet Money Indicator podcast episode discusses the shift in film and television production away from Hollywood. The decline of filming in Los Angeles is attributed to other states and countries offering significant film production tax incentives, which often outweigh the advantages of Hollywood's established infrastructure and agglomeration economy. While these incentives haven't always proven effective in creating long-term economic growth for recipient locations, they've successfully lured productions away from California. The episode explores the effectiveness of these incentives, the challenges faced by Hollywood, and California's recent efforts to bolster its own incentive program to compete and retain productions within the state. The discussion also touches upon the broader global competition for film production and the perspectives of filmmakers and economists on the issue.