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RE: LeoThread 2025-10-26 22-17

in LeoFinance23 hours ago

Part 3/13:

In 2024, Los Angeles experienced its lowest year of on-location filming in over thirty years, prompting national reflection on why filmmakers are increasingly choosing elsewhere. Meanwhile, New Jersey, with its strategic location, diverse scenery, and substantial financial incentives—covering 30% to 44% of qualified spending—has become a notable success story. Since bringing back its film and TV tax credits in 2018, New Jersey has seen its production spend skyrocket from just $67 million in 2017 to over $800 million last year, with expectations to climb further.

The Changing Economics of Filmmaking