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And LA will probably be the biggest beneficiary with new media.
Dont confuse "entertainment" and "media".
Especially "NEW" media.
Quote:
Originally Posted by Los Angeles Times
The center of gravity in media has been shifting to San Francisco and Silicon Valley. And HBO's attention to the tech hub underscores the importance of branching beyond the traditional home base of New York and Hollywood as it strives to keep its television kingdom relevant in the digital era...
Largest Media Owners in the World, 2015 1 Google-BAY AREA
2 Disney-LOS ANGELES
3 Comcast-PHILADELPHIA
4 21st Century Fox-NEW YORK
5 CBS-NEW YORK
6 Bertlesmann-GERMANY
7 Viacom-NEW YORK
8 Time Warner-NEW YORK
9 News Corp-NEW YORK 10 Facebook-BAY AREA
11 Advance Publications-NEW YORK
12 iHeartMedia-SAN ANTONIO
13 Discovery-WASHINGTON DC
14 Baidu-CHINA
15 Gannett-WASHINGTON DC
16 Asahi Shimbum Co.-JAPAN
17 Grupo Globo-BRAZIL 18 Yahoo!-BAY AREA
19 Fuji Media Holdings-JAPAN
20 CCTV-CHINA
21 Microsoft-SEATTLE
22 Hearst Corp.-NEW YORK
23 JC Decaux-FRANCE
24 Yomiuri Shimbum Holdings-JAPAN
25 Mediaset-ITALY
26 Axel Springer-GERMANY
27 ITV plc-UK
28 ProSiebenSat. 1-GERMANY
29 NTV-JAPAN
30 Sanoma-FINLAND
Then you would know companies on IMDPRO are vastly in LA's favor. It looks like 9 out of 10. NYC barely has anything in comparison.
Miramax shifted alot of their operations to LA from NYC. Dc Comics left NYC for Burbank. Oprah left Chicago for LA. Marvel Studios has always been in LA, even though the comics are NYC based.
This is all in the last few years.
Netflix just expanded in LA. The hottest/most profitable new producer, Jason Blum (Blumhouse) is in KoreaTown.
What has left for Atlanta or NYC? Or anything?
Tax credits run out. Shooting in other places doesnt mean anything, especially if you're talking long run.
Other...Canada, mainly Toronto and Vancouver still rule. This trend has been going on for atleast two and a half decades, and shows no signs of letting up.
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