Can America’s film industry be saved? | 9 News Australia
As a proposed merger between Paramount and Warner Bros. puts up to 4,500 film and television jobs at risk in Los Angeles, Hollywood’s status as the global entertainment capital continues to slip.
Studio blockbusters are increasingly fleeing overseas to Australia, the UK, and regional hubs offering lucrative tax incentives.
While international spending down under reaches record highs, Australian filmmakers face new challenges in keeping local stories alive on screen. #9News
00:00 Is Hollywood Dying?
00:24 Paramount-Warner Bros. Merger & LA Job Cuts
00:55 Soundstage Vacancies & George Clooney on Offshore Filming
01:12 Why Studio Blockbusters Are Leaving Tinseltown
01:45 How Tax Credits Draw Movies Overseas
02:20 International Hubs: Australia, the UK, and State Rebates
03:31 Australia’s $2.7B Film Boom & Foreign Blockbusters
06:12 The Battle to Tell Local Australian Stories
07:14 Streaming Quotas & the Future of Aussie Cinema
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