Part 8/13:
This international push has lead to a notable decline in U.S. production share—from 51% of global output in early 2022 down to 39% in 2023. Studios now chase these incentives abroad, filming in locations like the UK, South Africa, and Eastern European countries to maximize cost efficiency. Notably, productions that are set in Los Angeles or San Diego increasingly film elsewhere, often in countries with more favorable financial conditions.