US Finally Stems the Bleeding in Film Production — but Will It Last?
Film production in the U.S. has stabilized after years of decline, largely due to California's expanded production tax incentive program. This initiative has led to a significant increase in approved film and television projects within the state. However, the overall number of high-budget productions globally continues to decrease, creating a competitive environment among production hubs.
- ▪California's tax credit cap was increased from $330 million to $750 million in July 2025.
- ▪147 film and television productions have been approved for tax incentives in California, marking a 53% year-over-year increase.
- ▪Shoot days in Los Angeles reached 5,121 in the first quarter of 2026, a 10.7% increase from the previous quarter.
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| Original publisher | TheWrap |
| Canonical URL | https://www.thewrap.com/industry-news/industry-trends/us-film-tv-production-2026/ |
| Publication time | Tue, 19 May 2026 13:00:00 +0000 |
| Retrieval time | 2026-05-19T13:04:57.585Z |
| Last seen | 2026-05-19T13:04:57.585Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | HZggkAFgnhAl |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
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| Indexing | May the item be indexed (stored, ranked, made findable)? | Allowed |
| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
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Home > Industry News > Industry Trends US Finally Stems the Bleeding in Film Production — but Will It Last? Pro Available to WrapPRO members After four years of decline in global production share, spending on film and TV shoots in the U.S. has stabilized in the first quarter of 2026 Jeremy Fuster May 19, 2026 @ 6:00 AM Share on Social Media Share on Facebook Share on X (formerly Twitter) Share on LinkedIn Share on Email John Krasinski's "A Quiet Place: — Part III" is one of the major Hollywood productions shooting this year that hasn't left the United States A year ago, California was facing an existential crisis over the future of one of its most defining industries, losing film productions left and right to other states and, more so, to other countries.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at TheWrap.