According to Variety, Hollywood's low-cost production era is ending. 'Baywatch,' the archetypal 1990s syndication hit that once epitomized cheap LA filmmaking, eventually became too expensive to produce in the city. That same squeeze is now rippling across the entire industry. Film and television production is increasingly relocating to cheaper jurisdictions—whether for tax incentives, lower labor costs, or both. For a city built on being the world's entertainment capital, the exodus signals a fundamental reshaping of where and how stories are made.

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