Part 6/8:
While Canada thrives, the outlook for California remains bleak. Reports indicate that film and TV shoots have drastically decreased. The Los Angeles area found itself in crisis territory, with many industry insiders drawing parallels to the unsustainable decline faced by Detroit's automotive industry.
Little suggests that Hollywood might reclaim its historical dominance. Executives surveyed indicated that while production volumes may rise again, budgets are unlikely to increase significantly, leading to the prospect of trimmed productions, shorter shooting schedules, and a reliance on new technologies to cut costs.