In his post, the president-elect refers to Hollywood, California as a 'very troubled place' due to runaway production.
has named Jon Voight, Mel Gibson and Sylvester Stallone as Hollywood’s “special ambassadors,” with the aim of boosting domestic production of film and TV shows as the entertainment industry increasingly opts to shoot in other countries.
It remains unknown specifically what the actors’ roles will be in boosting production in the country.the amount of tax credits California, the heartland of Hollywood, gives to film and TV shows from $330 million to $750 million per year. The expansion will shower as much as $3.75 billion in tax credits to the industry over five years starting in 2025.
Canada and Australia, meanwhile, have become hotspots for visual effects and postproduction work, with both countries offering over 30 percent back.
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