Louisiana’s film and television industry, once referred to glowingly as Hollywood South has suffered a sharp downturn since mid-2015, that according to an article on neworleansadvocate.com

But who's at fault for the lost millions? According to The Advocate:

"Industry officials are blaming a law passed a year ago by the state Legislature and signed into law by Gov. Bobby Jindal — a law that aimed to control ballooning costs for a generous incentive program that independent analysts say has not provided much bang for the buck."

The Advocate goes on to say that the numbers tell a rather depressing tale:

"During the first nine months of the current fiscal year, (the state) received 61 applications from producers for tax credits to offset $225 million in production costs.. During the 12 months of the preceding fiscal year, (the state) received 138 applications to offset $1.2 billion. That suggests a decline in film spending of about 75 percent."

The state also faces ever stiffening competition from states like California and Georgia, plus an extremely favorable currency exchange rate with Canada. As a result, sound stages across Louisiana - New Orleans, Baton Rouge and Shreveport - are sadly vacant.

To get more information and to read The Advocate's complete article on the decline in Louisiana's movie industry, JUST CLICK HERE!

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