![]() ![]() Hollywood Insiders Say 'Depression-Era Level' Production Crisis Makes State Incentives Urgent | Exclusive VideoBy Jeremy Fuster Deep into a months-long process to overhaul California’s entertainment tax incentive program, a group of producers, labor leaders and lawmakers joined WrapPRO’s exclusive roundtable to go inside the work being done to save the Golden State’s struggling production industry. With television production in Los Angeles down 58% from its 2021 peak, state legislators are working with Gov. Gavin Newsom on plans to raise the cap of the California Film and Television Tax Credit Program from $330 million to $750 million while greatly expanding the types of productions that can apply. Among those legislators is Hollywood Assemblyman Rick Chavez Zbur, who spoke about the urgency of protecting a cornerstone of California’s economy. ![]() Trump Names Fox News' Jeanine Pirro Acting US Attorney GeneralBy Benjamin Lindsay and Brian Lowry President Donald Trump named Fox News host Jeanine Pirro acting U.S. attorney general for Washington, D.C. on Thursday, continuing the dizzying revolving door between the conservative cable-news network and the Trump administration. In an afternoon Truth Social post, the president said, “Jeanine is incredibly well qualified for this position, and is considered one of the Top District Attorneys in the History of the State of New York. She is in a class by herself.” ![]() Neon Picks Oscar Winners, Builds a Library and Looks Primed for a Takeover – Why Hasn't It Found a Buyer? | ExclusiveBy Drew Taylor and Sharon Waxman With a Best Picture Oscar fresh on its mantle after the triumph of “Anora” in March, Neon is headed to its favorite festival, Cannes, riding high. The arthouse studio founded in 2017 has every reason to feel confident, having released the past five consecutive Palme d’Or winners, and arriving on the Croisette next week with four films in the official lineup: “Alpha” by Julia Ducournau, “Sentimental Value” by Joachim Trier, “Orwell” by Raoul Peck and “Splitsville” by Mike Cavino. It’s natural for studio co-founder and CEO Tom Quinn to think about capitalizing on the moment, plot to expand his arthouse success and see his small but mighty endeavor financially headed in the direction of his rival A24, last valued at $3.5 billion. ![]() Discover why entertainment executives and professionals rely on the WrapPRO platform daily for exclusive coverage, analysis, deeper reporting, and access to VIP events & screenings throughout the year. |