Warner Brothers has decided to let everyone know just how wonderful it is for the LA economy: "In 2010, the studio spent a total of $1.58 billion on products and services from companies across Los Angeles County and paid $2.5 billion in wages and residuals to county residents." They say they're divulging as "part of an effort to better inform local politicians and the public about the value of the entertainment industry to the local economy at a time when L.A. is struggling to keep productions from chasing more advantageous film tax credits and rebates in other states." [LAT]
Filed under:
The Industry
Share this story
The Latest
Curbed LA Is Closing
Head to Curbed.com — soon to be a part of the New York Magazine family — for more of the Curbed LA that you know and love.
Koreatown Craftsman With Lots of Hand-Carved Woodwork Asks $1.5M
Built in 1910, the house sits on a lush property that includes a recording studio out back.
Loading comments...