California Film Incentives Fail to Reverse Falling Production
California has tried to boost its film and TV economy with incentives, but production levels continue to decline. The trend matters because film production supports jobs and local spending, and the state’s efforts are not stemming the loss of work.
Sources (1)
Related stories
Disney Expected to Lay Off Thousands in Largest Cuts This Year
Disney is expected to lay off thousands of employees in its biggest round of job cuts this year, according to Variety. The cuts at a major entertainment company signal continued cost-cutting across the media industry and will affect a large number of workers.
Rasoulof and O Mipo Accept Tokyo Kurosawa Award, Decry Iranian Cinema Repression
Mohammad Rasoulof cited Jafar Panahi’s new prison sentence as he and O Mipo received Tokyo’s Kurosawa Akira Award. Rasoulof said Iranian cinema continues to face repression, highlighting the crackdown on Iranian filmmakers and international solidarity with them.
Mahesh Babu Invests in Indian Game Studio Shortgun Games
Indian actor Mahesh Babu has invested in Shortgun Games, a studio focused on PC and console games in India. The move highlights growing celebrity backing for India’s premium game development sector.
BTS and Katseye Help Hybe Post Record Quarterly Revenue and Profit
Hybe reported record quarterly revenue and profit, driven by activity from BTS and Katseye. The results highlight the K-pop company’s commercial momentum and its reliance on star artist earnings.
Kefi Review: Aliens, Drugs and Dinosaurs Disrupt a Grieving Family Reunion
Variety reviews Kefi, Kisin Saito’s debut feature about a grief-stricken family reunion unsettled by aliens, drugs, and dinosaurs. The film is described as kaleidoscopic and genre-fluid, marking a distinctive new voice in cinema.