In California, particularly Los Angeles, the state of film and television production is quite dire, leading to the potential sale of the historic Television City studios.
“Lenders are stepping in at studio complexes owned by Hackman Capital Partners, the largest independent soundstage owner in Los Angeles, as production levels in the area approach all-time lows,” according to a report from an extreme left publication.
“Television filming, once the cornerstone of local production, has seen a drop of over 50 percent compared to the five-year average,” the report noted.
A group of financial institutions, led by Deutsche Bank, has initiated the sale of Television City, a renowned property located along Fairfax Avenue in downtown Los Angeles. They carry a debt of more than $357 million, as highlighted in a notice of default submitted last month.
If you’ve been in LA for any time at all, you might recognize Television City Studios. I remember Bill Maher filming there while I was living in the area. Shows like Real Time, The Price Is Right, and Dancing with the Stars have all been shot at this location. As far as I know, they still are.
The thought of this iconic place potentially being sold under a Democratic leadership isn’t exactly shocking.
It’s hard to imagine how frustrating things must be in Los Angeles when filmmakers would actually consider working elsewhere. Most people in the entertainment industry reside in LA, yet they find themselves away from home for extended periods, often weeks or months.
The expenses are staggering—so high that it becomes more economical to transport everything long distances and cover per diem costs for hotels.
And then there’s the climate.
The reliable weather was a key reason the entertainment sector established itself in Southern California. With minimal rain, near-constant sunshine, and no winter, it was an ideal choice.
That speaks volumes about how challenging life has become in Los Angeles under Democratic governance. The situation is so bad that dealing with unpredictable weather is preferable to shooting in the city, which is plagued by poor roads, heavy traffic, unsafe sidewalks, crime, and excessive regulations.
But, honestly, I feel no sympathy. These residents are seeing the consequences of their choices. They seem to resist voting for real change. In the current mayoral race in Los Angeles, voters didn’t even stick with the incumbent but chose a self-identified communist contender instead, opting for a scenario that might worsen the situation further—similar to what we’ve witnessed in Chicago and New York.
I feel no pity.
Not a bit.
Perhaps it’s time for it all to crumble.
Honestly, watching California unravel has become more captivating than the content being produced in Hollywood these days.
