Hollywood feeling more hopeful amid a push for film tax credits and Paramount staying put, filmmaker says

Now that Paramount is staying put in Los Angeles and state and federal lawmakers are pushing for expanded film tax credits, Hollywood insiders are seeing a glimmer of hope.

On Wednesday, California Gov. Gavin Newsom highlighted the state’s latest efforts to bolster its entertainment industry, including a new post-production tax credit, an expanded film and television tax credit and new protections for performers against the use of AI-generated content.

"California is the home of entertainment...