There was a time when Hollywood simply referred to a neighborhood in the central region of Los Angeles.

These days, "Hollywood" has come to represent the entire domestic entertainment business — and it's at a crossroads.

Its namesake area is no longer the bustling production hub it once was, as studios have chased tax benefits and lower labor costs overseas. It's more expensive than ever to make a movie or television series, especially after the pandemic and the writers and actors strikes which reshaped how creatives are paid in the new streaming economy.

Many in the industry have sought to rectify the movement of thousands of jobs to other domestic filming hubs — like Georgia, New York, Texas, New Mexico and North Carolina — and international locations including Canada, the United King

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