Rob Lowe Criticizes Hollywood's Decline as California Expands Tax Incentives
California's $750 million tax incentive plan seeks to counter production losses, but skepticism persists following Rob Lowe's sharp critique of the state's entertainment policies.
- Rob Lowe denounced California's high production costs and lack of tax incentives, calling the state's handling of the film industry 'criminal.'
- Lowe revealed that relocating productions to countries like Ireland is often cheaper than filming in Los Angeles due to tax credits and other incentives abroad.
- The actor shared that his planned television show was canceled after he declined to relocate to New York for production, citing cost concerns.
- Governor Gavin Newsom announced a plan to double California's tax incentives for the entertainment industry to $750 million, aiming to retain productions.
- Despite the expanded incentives, doubts remain about whether these measures will be enough to reverse Hollywood's ongoing decline as a production hub.