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The visionary culture of Los Angeles attracts the most talented minds across the creative industries, establishing our world-renowned reputation as the entertainment capital of the world. For decades, beloved TV and film studios, like Disney, NBU Universal, WarnerMedia, Paramount, and Sony Pictures have called Southern California home, but they are only the tip of the iceberg. The entertainment industry is responsible for creating nearly 586,000 jobs and generating over $120 billion annually.

Beyond film and TV production, L.A. is also home to major games and esports companies like Riot Games and Activision Blizzard. SNAP started in LA and every major technology leader has substantial operations here, including Google and YouTube, Amazon, TikTok, Apple, Meta, and more. These firms chose early on to establish themselves in L.A. to ensure that they would be at the epicenter of creativity and content production.

3 Reasons Why

Why L.A. leads in Entertainment and tech

For every tax credit dollar approved under California’s Film and Tax Credit program, the total economic activity in the state will increase by $24.40; Labor income (including the self-employed) will increase by $8.60; and Total GDP in the state will increase by $16.14.

$1.5B is expected to be generated in profit by the Summer Olympic Games in 2028.

Ranked as the #1 metropolitan area for independent artists.

By the numbers

120B

Annual output by the entertainment industry of Los Angeles.

Metropolitan area for arts, culture, and entertainment firms.

Of the nation’s top 20 film schools are located in Los Angeles County.

Major esports arenas are located in Los Angeles, with more on the way.

Supporting Local Film and TV Production: Mayor Bass Pledges City’s Renewed Support for L.A.’s Entertainment Industry, Signs New Executive Directive

Los Angeles Mayor Karen Bass pledged the City’s renewed support for L.A.’s entertainment industry by issuing her eighth executive directive to streamline and focus City department processes for local film and television production. Mayor Bass signed the executive directive into effect yesterday before heading to the 2024 Olympic and Paralympic Games to continue crucial preparations for Los Angeles to host the 2028 Games. The signing of this Executive Directive comes after Mayor Bass convened her inaugural Entertainment Industry Council to draw upon senior industry leaders’ expertise as she leads new efforts to support L.A’s entertainment industry last month.

“The entertainment industry is core to our economy and it is also core to our city’s identity and City Hall is going to do everything we can to support it,” said Mayor Bass. “This executive directive is my pledge that the City is renewing its support for the entertainment industry and is expected to provide the highest level of customer service as we work to make sure that Hollywood stabilizes.”

“While we are a global company, having a permanent office in L.A. speaks to our commitment to the U.S. market and deepens our bonds with the city, and the talent and companies that call it home.”

Vanessa Pappas, General Manager, TikTok U.S.

Media is the Beating Heart of Storytelling

A bustling city of creatives requires spaces to share thoughts, opinions, and stories. L.A. stays connected through a network of media platforms that propel ideas forward.

Social media companies like Cameo, SNAP and TikTok have Los Angeles-based headquarters, along with over 560 other social media organizations and startups. As technology and media become more intertwined in our everyday lives, these companies are defining the stories of today and trends of tomorrow.

The City also boasts a rich variety of more traditional media companies, including publications like Variety, The Hollywood Reporter, and Entertainment Weekly as well as Buzzfeed, NPR West, and Mashable.

FACTS SHEET

L.A. Companies in Entertainment and Tech

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