Part 6/9:
Rston points out that California initiated a bill to increase tax rebates for productions, but the limited scale, bureaucratic complexity, and slow reimbursement times may not effectively compete with broader offerings from other states and countries.
The Impact of Streaming and International Markets
As the market for films evolves, the rising power of streaming services brings about another dimension of change. Platforms like Netflix and Hulu, which began as content distributors, are now significant content creators and are influencing the types of films being made.