This is exactly correct.
Overseas has so much film infrastructure now that Hollywood flies out the entire cast and essential crew (DP, etc.) to work on American productions overseas. They hire cheaper local crews (who are non-union), rent cheaper facilities, and even collect foreign tax subsidies.
It's far cheaper to produce everything in the UK, Eastern Europe, or Asia than it is to film in LA. Or even heavily tax-subsidized states like Georgia.
America can't compete on film production cost anymore. So it's halfway through the process of leaving, except for shots that need to film in iconic cities like New York for certain key scenes. But even then, you might see only part of the production happen in the US.
This started during the pandemic content streaming wars. There was a huge demand for content, American studios were shut down, and Amazon and Netflix dabbled with trying to shoot overseas. They found out the foreign infrastructure was just fine and that they just needed to teach the local crews a few things to be able to lift and shift the entire production pipeline. And it was so much cheaper that the choice to move everything was obvious.
Overseas has so much film infrastructure now that Hollywood flies out the entire cast and essential crew (DP, etc.) to work on American productions overseas. They hire cheaper local crews (who are non-union), rent cheaper facilities, and even collect foreign tax subsidies.
It's far cheaper to produce everything in the UK, Eastern Europe, or Asia than it is to film in LA. Or even heavily tax-subsidized states like Georgia.
America can't compete on film production cost anymore. So it's halfway through the process of leaving, except for shots that need to film in iconic cities like New York for certain key scenes. But even then, you might see only part of the production happen in the US.
This started during the pandemic content streaming wars. There was a huge demand for content, American studios were shut down, and Amazon and Netflix dabbled with trying to shoot overseas. They found out the foreign infrastructure was just fine and that they just needed to teach the local crews a few things to be able to lift and shift the entire production pipeline. And it was so much cheaper that the choice to move everything was obvious.