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Hollywood Unions Warn of 25-Year Decline in U.S. Production Market Share
A coalition of Hollywood unions issued a report on Monday warning that the U.S. has lost significant market share in film and TV production over the last 25 years.
Summary
A coalition of Hollywood unions issued a report on Monday warning that the U.S. has lost significant market share in film and TV production over the last 25 years. The report found that studios spent 74% of their film production budgets in the U.S. 25 years ago, but that the figure has since declined to 42%.
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