Los Angeles Film & TV Production Hits Rock Bottom During Pandemic

 

More data has been released regarding how the Los Angeles film market has adjusted to the pandemic, and, though, there are some signs of life and reasons for hope, the numbers are not good.

Reporting out of Hollywood Reporter said that non-profit benefit and research organization for the greater LA media economy, FilmLA, recently released its 2020 Television Report.

It goes into detail about various kinds of TV content types and their production numbers over the year, showing that most every type of TV media saw less production last year. The most biting number was for on-location filming in Los Angeles, which fell just short of 19,000 shoot days in 2020. Compared to around 36,500 shoot days in 2019, this was a 48% decline and set a new record low for production yield.

Production for film in general saw some slight growth compared to the rest of the year, but was still down 25% compared to 2019. The balance between film and television production was also surprisingly askew in 2020, as TV dominated the albeit minimal production – 54% of total Q4 shoots were TV shoots, compared to only 38% in 2019.

All of this points to a beleaguered film economy in LA, which leaves things up in the air for film and television industry professionals. What will be the net effects of such a slowdown, will work return in the same way, and how do the numbers reflect expectations for the content that’ll lead in 2021?

To tackle those questions, host Daniel Litwin welcomed MarketScale’s Gregory Bordelon to this Industry Update.

Follow us on social media for the latest updates in B2B!

Twitter – @MarketScale
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Follow us on social media for the latest updates in B2B!

Latest

Aurora Hires the “Dream Team” of Education
November 30, 2022

At some point, you have likely tried to “do it yourself” without an expert, whether building furniture from instructions, installing equipment in your house, or fixing your car. But wouldn’t it have been nice to speak to an expert ahead of time so they could guide you through the processes and use of the tools […]

Read More
Jennifer Granholm Community-Based Clean Energy
Federal Funding for Community-Based Clean Energy Saves the Day for Municipalities
November 29, 2022

Community-based clean energy projects across the U.S. are getting a windfall of cash from the Biden administration. Using funds from the Energy Efficiency and Conservation Block Program, Secretary of Energy Jennifer Granholm announced the federal government is allocating $550 million to help municipalities deploy community-based clean energy initiatives, from infrastructure projects that cut down […]

Read More
leisure travel
Leisure Travel Will Drive Hotel Growth for 2023
November 29, 2022

Business Travel News recently reported on PwC’s Hospitality Directions report, indicating a reduced 2023 travel forecast. PwC largely sites economic uncertainty for the revised projections, arguing that strengthening economic headwinds will translate to consumers opting to save travel funds that they might otherwise invest in hotels for vacations in late Q4 and Q1’23. That […]

Read More