Hollywood Unions Warn of 25-Year Decline in U.S. Production Market Share

By Gene Maddaus

Gene Maddaus

Senior Media Writer

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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%. On the TV side, the figure has fallen from 94% to 64%.

The unions — including IATSE, the Directors Guild of America and SAG-AFTRA — published the report as Congress is considering whether to offer a 20%-30% production incentive to revive the domestic film and TV industry. Supporters have argued that the U.S. needs to counter generous incentives offered by Canada, the U.K., and other countries, and that state-based subsidies are inadequate.

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