California’s AB1138 film incentive bill passed the Assembly but dropped Newsom’s $750M cap. Critics say it’s a “handout” ignoring high costs and red tape, doubting it will revive local production. Skeptics see it as more wasteful spending than reform.
California’s AB1138 boosts film tax credits, expands eligibility, and raises the cap to $750M to lure productions back and boost jobs. Supporters see a revival tool; critics doubt it fixes deeper cost and regulation issues hurting Hollywood’s future.
AI is reshaping the film industry, creating new career paths in writing, editing, marketing, and ethics. From AI prompt artists to synthetic media managers, discover the hybrid roles that blend storytelling and technology in the era of intelligent cinema.
From the UK and Canada to South Korea and Saudi Arabia, a network of new global film production hubs is reshaping the movie industry. Tax incentives, talent pools, and diverse locations are creating a decentralized future for cinema worldwide.
The U.S. filmmaking industry is undergoing massive change, balancing streaming and theatrical models, navigating AI and labor tensions, and adapting to a globalized creative economy. At stake: its leadership in a rapidly evolving cinematic world.
California is fighting to reclaim its film industry leadership with expanded tax credits, new studio projects, and talent investment — aiming to lure productions back to Hollywood amid growing global competition.
Cultural battles, AI disruption, and the rise of indie financing are transforming the film industry. As studios adapt, creators are taking control, reshaping Hollywood into a more global, decentralized, and politically aware ecosystem for the future.
China’s booming vertical film industry is redefining cinema for the mobile age. With platform support, celebrity talent, and new visual grammar, vertical storytelling is becoming a global force—transforming content creation, consumption, and distribution.
