ProdPro’s latest report paints a sobering picture of the current state of film and TV production. While there was a 22% increase in projects actively filming in Q2 2024 compared to the same period last year, this comparison is against the backdrop of the 2023 WGA strike, which saw unusually low production activity.
The more telling statistic is that over the past six months, the total number of productions filming globally in 2024 is still 16% lower than in 2022, and a staggering 37% lower in the US. This decline is particularly challenging for an industry that has expanded to meet the demands of the peak home entertainment and streaming era.
