Odd Lots: Why Is the Entertainment Industry Leaving LA?
Original Report
For Hollywood, business has been declining since the pandemic. Fewer shoots are taking place in Los Angeles while movie productions are happening elsewhere in the world. On this episode of the Odd...
For Hollywood, business has been declining since the pandemic. Fewer shoots are taking place in Los Angeles while movie productions are happening elsewhere in the world. On this episode of the Odd Lots podcast, creative director of LA Material, Hayes Davenport, joins Tracy Alloway and Joe Weisenthal at a live recording at the Vermont Hollywood theater to unpack why productions are taking place outside of the historic heart of the American film industry. (Source: Bloomberg)
Glass House Analysis
This story reflects the interconnected nature of modern economic systems, where developments in one sector inevitably affect others. Understanding these connections is essential for grasping how policy decisions and market movements translate into real-world outcomes for families, workers, and communities. The economy is not an abstract system of numbers—it's the sum total of decisions about who works, who prospers, and who struggles.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
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