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The Hollywood Reporter cites ProdPro on production shift

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ProdPro
October 24, 2024
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ProdPro's Q3 2024 Global Production Report was featured in The Hollywood Reporter this week. While global production has slowed 17% from its peak, the shift isn't happening evenly - some regions are experiencing growth.

Opportunities for New Markets: The global shift of film and TV production opens up opportunities for new production hubs, showcasing how places like Australia, the UK, and Canada are emerging as competitive alternatives with attractive incentives.

Focus on Policy Improvements: Industry leaders are lobbying for stronger incentives and fewer restrictions, which could lead to new opportunities for growth and revitalization in California's film and TV production landscape.

Positive Industry Trends: As seen in our Q3 2024 Global Production Report, the production slowdowns may be seeing signs of stabilization, with there being relatively more production starts in Q3 vs. Q2, signaling potential recovery for the U.S. film and TV sector.

As productions increasingly look for creative ways to stretch their dollars, understanding where and when the next big opportunities will arise is critical for success.

That’s where our market intelligence service comes in. Whether you're looking to stay updated on the latest productions or connect with decision-makers, ProdPro offers the tools you need to keep ahead in the fast-moving TV and film industry.

Ready to give your sales team the advantage? Let's chat!