Film and television production is down over 10% in California since last year, and the Entertainment Industry makes up one third of the economy in Hollywood, so I have some ideas on how to improve the situation.
First, Newsom needs to lower taxes as much as possible for producers.
Then , for me the big barrier to making my movie has been the high cost to make a film, if it was not for the high cost to make a film then I could have made my movie "Echo, A Rock and Roll Tragedy" 25 years ago, I had the script, Hef liked it, everyone liked it, I had a cinematographer who liked my script and who wanted to shoot it, I had an editor who wanted to edit it, and Hal Needham was going to help me when I got the money. And Hal Needham told me that getting the money is the hardest part of making movies, it was hard even for him. So here is an idea.
Brando made "One Eyed Jacks" with everyone working for just what they needed to survive, and then they got their pay when the film was released and when the film made money. So, with that Business Model, the cast and crew can all work for the bare minimum that they need to sustain life, and then when the film is released and when the film makes money then everyone gets paid a percentage of the profits. This would encourage everyone to do great work, because their pay would depend on the success of the project.
So, first we lower taxes, and then we need to change the way we make movies, and we need to learn from Brando, etc. Everyone can work for as cheap as possible to get the movie made, and then when the movie is released everyone gets a percentage of the profits.
We have USC film school, we have Chapman film school, etc, and we can put the local filmmakers to work, if you have the skill then the money will come after the project is released, and when the project makes money then the cast and crew makes money.
Content is in demand right now. 54% of the modern services economy is streaming content such as movies and television shows. We need to remove the barriers so that our people can work here in Hollywood.
Salute,
Tony V.
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