Los Angeles is facing a steep decline in its film and television production industry, raising concerns about the city's economic future in entertainment. Industry insiders have highlighted a dramatic drop in both production and post-production activities, with many soundstages going unused at historic levels. This downturn has led to fears that Los Angeles could experience economic deterioration similar to Detroit's past. The hollowing out of the production economy is attributed in part to productions moving out of California. Concurrently, tensions between the U.S. and China are exacerbating challenges for Hollywood. China has issued warnings to its citizens about traveling to the U.S. and has urged caution regarding studying in America. Additionally, China has accused two U.S. universities of unauthorized cyber intrusions and announced plans to reduce imports of Hollywood films. These developments underscore the broader impact of the U.S.-China trade conflict, which now extends beyond economic issues to affect cultural and educational exchanges.
News Analysis: Hollywood's fading charm in China -- and why U.S. tariffs are making it worse https://t.co/mKwF0NczG0 https://t.co/rZcQzrLfU3
中国以贸易紧张为由,警告国内民众赴美旅游要三思而行。中国对内表示赴美留学要谨慎,并指责两所美国大学非法侵入中国网络,并表示要减少好莱坞电影的进口数量。 被美中贸易战损害的远不止经济关系。受影响的领域已从贸易扩大到文化和教育,凸显了美中关系已变得何等脆弱。 https://t.co/HC5NUU4Ma3
A plummeting decline of film and television production in Hollywood is prompting concerns in Los Angeles. https://t.co/1zNqA8UFVo