L.A. Needs Better Tax Incentives for Film, TV Industry
Michelle Pfeiffer, the acclaimed actress, is currently busy filming the Apple TV+ series adaptation of the bestselling novel “Margo’s Got Money Problems” in Los Angeles. This project also stars Nicole Kidman and Elle Fanning. Pfeiffer recently expressed her concern about the diminishing presence of film and TV production in Los Angeles. She revealed that out of the 23 projects she has worked on in the last 20 years, only three have been shot in the city, which she finds concerning.
During her hand and footprint ceremony at the TCL Chinese Theater in Hollywood, Pfeiffer shared her thoughts on the matter. She emphasized the importance of bringing back tax incentives to attract more productions to Los Angeles. Pfeiffer stated that the decision of where to shoot a project often comes down to financial considerations, with production companies opting for locations where they can save money.
Ben Affleck also recently raised similar concerns about the need for better tax and rebate initiatives in California to lure more film and TV production back to the state. He highlighted that other locations offer more attractive incentives, leading to the industry moving away from California.
Pfeiffer reminisced about her first acting job, a Ford truck commercial that she shot in Malibu while working as a cashier in Orange County. She recalled her humble beginnings in the industry and how her primary goal was simply to make a living through acting. Fast forward to today, Pfeiffer remains passionate about her craft and continues to challenge herself with new projects like Taylor Sheridan’s upcoming series “Madison.”
Despite her illustrious career, Pfeiffer confessed to feeling nervous before speaking at her hand and footprint ceremony. She reflected on her early days in theater class in high school, where she discovered her love for acting and felt a sense of belonging in the industry.
The ceremony was attended by Dakota and Elle Fanning, Pfeiffer’s husband David E. Kelly, and other industry professionals. The event was part of the 2025 TCM Classic Film Festival and was hosted by Ben Mankiewicz.
In conclusion, Michelle Pfeiffer’s concerns about the dwindling presence of film and TV production in Los Angeles shed light on the importance of implementing better incentives to attract projects back to the city. As a veteran in the industry, Pfeiffer’s words carry weight, and her dedication to her craft continues to inspire both her peers and aspiring actors alike.
