LA to be dethroned as movie and TV production capital by an East Coast state

The Big Apple may soon dethrone Los Angeles as moviemakers’ top choice.Major movie and TV productions are increasingly choosing the East Coast over California.Although the Golden State remains the nation’s top market for production spending, New York is closing the gap fast.California held the top spot after spending nearly $1.76 billion on movie and TV production, followed by New York with $1.61 billion spent.

While the Golden State’s production spend increased by only 17%, New York State’s expenditure grew by a massive 87%, according to ProdPro’s recent quarterly snapshot reviewed by The Hollywood Reporter.The biggest news, opinion and culture shaping California right now.

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Never miss a story “California’s production spending is starting to rise again, but New York’s rebound has accelerated this year, putting it within reach of the country’s largest production hub.” ProdPro co-founder and CEO Alex LoVerde told the news outlet. He said his team thought New York might actually come out at top while they compiled the figures.Whether the city can overtake California in this year’s fourth quarter and 2027 is “a key question,” LoVerde said.The trend isn’t new, and the cracks in Hollywood’s business strategy have been visible for a while now.

California led with $1.33 billion in spend, up 5 percent year over year, while New York rose 57 percent to nearly $1.06 billion, THR had reported in July based on ProdPro’s second-quarter data.California is increasingly losing long-term scripted series, whereas New York is fast becoming the go-to destination for multi-season productions.The state’s production lineup this season features major series like ‘CIA,’ ‘FBI,’ and CBS’s ‘Elsbeth,’ alongside NBC’s ‘The Fall and Rise of Reggie Dinkins’ and long-running staples ‘Law &a...