Ross Lincoln is a Deadline contributor.
Medient Studios, a Los Angeles-based production and distribution outfit with a presence in India, has announced plans to build a $90 million movie studio near Savannah, GA in a deal cleared this week by the Effingham County Industrial Development Authority. Although the deal may end up being good for Georgia, it comes during a precarious time for the Los Angeles-based entertainment economy — even with large-scale expansions underway at NBC Universal, Disney, and Paramount.
Despite an overall increase in movie, TV and commercial production, Los Angeles saw a steep drop in television drama and reality TV production in 2012, a problem the city has attempted to address at least partially by eliminating fees for pilot production. And places like New York, Louisiana, and Michigan as well as Georgia continue to pursue production business aggressively.
“Of course, we’d prefer these kinds of investments be made in the State of California instead of in Georgia,” FilmLA VP of Integrated Communications Philllip Sokoloski told Deadline. “Although the L.A. region has its own studio developments in progress, infrastructure development elsewhere can only intensify the competition we face for valuable film projects and jobs.” (more…)