The average discount for 2020 is 8.7%. The average discount for 2020 is $.
. For television, the rebound has been particularly slow. Production was down 16.2% on a year-over-year basis and down 32.8% when compared to the 5-year average. According to the report, the decline is primarily due to the loss of television production. Seven feature films were eligible for the California Film & Television Tax Credit Program and accounted for 72 SD (11.4%) of the 634 SD total for the quarter. The report cites planned content cuts and series cancellations as further limiting the industry’s output and job opportunities. Based on analysis by FilmLA Research, the number of cast and crew positions associated with film permits active in Q1 2020 were also down on an annual basis (30.6% in January, 5.1% February, and 0.4% March).
