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Concern grows over whether Hollywood's film and TV industry can survive in California

After peaking in 2021, television production in the greater Los Angeles area fell by 58% in three years.

California lost roughly 40,000 film and tv jobs that year alone, according to the U.S. Bureau of Labor Statistics. Belloni is unsure if California can provide enough tax credits to offset the high cost of working in the state. He joined CBS News with nearly 20 years of journalism experience, covering major national and international stories.

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