Los Angeles Mayor Karen Bass recently took a significant step towards bolstering the entertainment industry in California by assembling the Entertainment Industry Council. This move follows Governor Newsom’s ambitious proposal to increase the California Film & Television Tax Credit Program from its current $330 million to a whopping $750 million annually, as reported by the Mayor’s Office. The timing is crucial, as the state ramps up efforts to retain and draw productions amidst fierce global competition for entertainment industry investments.