Can D.C. Save Hollywood? Senator Adam Schiff on Bringing Production Home.

Matt is joined by United States Senator Adam Schiff (D-California) to discuss his recent hearing with entertainment industry and labor leaders on the challenges facing the film industry and the importance of instituting a federal tax incentive to bring film and TV production back to California. They talk about how the production slowdown has hurt the city of Los Angeles, why California is not as aggressive in offering tax incentives as other states and countries, and what the federal tax credit would entail. They discuss where Schiff stands on the Warner Bros.–Paramount merger, the Los Angeles mayoral race, and more (00:00). Matt finishes the show with a prediction about the venue of the Academy Awards moving from Hollywood to downtown L.A. in 2029 (29:31). Host: Matt Belloni Guest: Adam Schiff Producers: Craig Horlbeck and Jon Jones Theme Song: Devon Renaldo The Clyburn family searches for connection in Montana's Madison Valley. The Madison, New Series now streaming - only on Paramount+  Learn more about your ad choices. Visit podcastchoices.com/adchoices