U.S. share of studio TV spending fell from 94% to 64%, unions say

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Set us as preferred A coalition of Hollywood unions is leaning on Congress to enact a federal film tax credit, citing new research that highlights the heavy outflow of productions from the U.S.For decades, television was the part of Hollywood that stayed home.But over the last quarter-century, with the rise of streaming and the offshoring of production, the U.S.

share of major-studio spending on TV episodes has fallen from 94% to 64%, according to a report commissioned by seven entertainment industry unions.The study from Washington-based consulting firm EY Quantitative Economics and Statistics also found that the U.S.share of major-studio spending on film productions similarly fell from 74% to 42% between 1999 and 2024.The findings are being released as the industry rallies for a new federal film and TV tax incentive bill.

Congress isn’t expected to vote on the measure until after the November midterm election.“Many generations who have made their living in this industry are now having to question whether there’s a future for this industry in the United States,” Rebecca Rhine, the Directors Guild of America’s associate national executive director, said in an interview.“This is not just about a few people in Hollywood.

This is about an infrastructure that serves the whole country and stories that reflect the whole country.”The DGA and other Hollywood unions, including the International Alliance of Theatrical Stage Employees (IATSE), the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) and the Writers Guild of America, tasked EY Quantitative Economics and Statistics with quantifying location changes for film and television productions between 1999 and 2024.The analysis focused on productions from larger studios that cost at least $5 million for feature films, $1 million for TV...