News Summary
The film and television industry in Georgia is experiencing a significant decline as Marvel Studios relocates its production to the United Kingdom. This transition, initiated with the production of ‘Fantastic Four: First Steps,’ has major implications for Georgia’s economy, resulting in a near 50% decrease in production spending and a drop in projects from 412 in 2022 to 245 by June 2025. Despite some signs of stabilization, the ongoing challenges including rising labor costs and competition from other regions raise concerns for the future of the state’s film sector.
Atlanta – The film and television industry in Georgia is experiencing a substantial decline as Marvel Studios shifts its production base to the United Kingdom, a change that threatens to drain the state’s film economy. The move, which began with the production of Fantastic Four: First Steps, includes major upcoming Marvel projects, such as two new Avengers films and the next Spider-Man installment. This strategic pivot away from Georgia is attributed to various ongoing challenges, including elevated labor costs and shifts in the streaming landscape amidst the lingering effects of the COVID-19 pandemic and recent Hollywood strikes.
The impact of Marvel’s decision is profound. Georgia’s film industry has seen a near 50% decrease in production spending over the last three years, with the number of projects falling dramatically from 412 in 2022 to just 245 in the fiscal year that ends in June 2025. Consequently, the reduction in production not only affects big-budget films but ripples through the entire ecosystem, impacting jobs for local crew members—many of whom depended on Marvel for consistent work.
In light of Marvel’s exit, the overall economic impact on Georgia’s film industry prompts a broader discussion. The downturn reflects a global trend within the film sector, as production companies reevaluate their filming locations. However, while the departure of a major player like Marvel presents significant challenges, individuals within the industry are noting the emergence of new opportunities. Some production companies are now engaging in a wider array of projects, including commercials, gaming, episodic productions, and independent films. This diversification demonstrates potential resilience and adaptability within Georgia’s film economy.
Despite the fallout from Marvel’s exit, the Georgia film and television sector is seeing signs of stabilization. Direct spending in the local film industry remains around $2.5 billion, reflective of pre-COVID figures, according to industry advocates. Furthermore, the Georgia Film Office reports that over 550 TV and episodic productions are still ongoing in the state, indicating that interest in Georgia as a filming location persists despite major upheavals. Tax incentives continue to attract independent filmmakers and e-sports projects, helping to maintain some level of production activity.
The loss of Marvel’s operations has had a tangible effect on local workers, leading many to seek other employment or depend on savings as job opportunities diminish. The status of Georgia as the ‘Hollywood of the South’ is now under scrutiny, especially as other regions like the U.K. enhance their allure through lower production costs. Major studios including Disney, Netflix, and Warner Bros. are bolstering their presence in the U.K., reinforcing the competitive challenge faced by the Georgia film industry.
As the state navigates this new climate, industry insiders express caution, hoping for a rebound. The director of the Georgia Film Office has indicated optimism that the departure of Marvel is a temporary setback and that production crews may return to Georgia in the future. However, the situation remains fluid, with major production hubs, such as Trilith Studios, also feeling the strain from decreased activity after years of thriving on Marvel projects.
This significant decline in film production follows Georgia’s introduction of a tax credit for the film industry in 2008, a policy that successfully cultivated its current status as a prime filming location. Nonetheless, as labor costs climb, Georgia’s competitive edge appears to be diminishing. In total, the U.S. film industry has reported a 29% drop in big-budget productions since 2022, contrasting sharply with the 16% increase recorded in the U.K. during the same period.
Efforts are underway to combat these challenges, including investments in local startups and a newly established training facility by the Georgia Film Academy. These initiatives aim to enhance Georgia’s long-term viability and maintain its significance in the evolving landscape of the global film industry.
Deeper Dive: News & Info About This Topic
- WJCL: Savannah Film Production and Marvel
- New York Post: Marvel Leaves Georgia
- WSB Radio: Georgia Film Industry Slowdown
- Variety: Georgia Filming Production Hub
- Atlanta News First: California’s Film Incentives Challenge Georgia