L.A.’s production woes worsen as soundstages go unused and shoot days decline
Los Angeles’ soundstages once were nearly filled to capacity, as demand for streaming content reached its peak. But last year, the average annual occupancy rate dropped to 63%, a further indication of Hollywood’s sustained production slowdown, according to a new report. That’s a decline from 2023, which saw an average regional occupancy rate of 69%, … Read more