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✉news CultureFilm first seen 1 d ago, last 19 h ago, peak #9

Developer unveils $450M 'old school' plan to rescue Hollywood

Original: Hollywood developer unveils ambitious $450M ‘old school’ plan to rescue the movie industry

A Hollywood developer has announced a $450 million plan pitched as an 'old school' effort to rescue the struggling movie industry. Details of the proposal remain limited beyond the announcement, but it comes as film and television production has slumped in Los Angeles, prompting widespread debate about how to bring jobs and shoots back to the historic centre of American cinema.

Why now: Concerns about the decline of film production in Los Angeles have made proposals to revive the industry a hot topic.

HollywoodLos Angelesfilm industry

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