Direct spending in Georgia from TV and film producers tumbled by more than a third in the fiscal year that ended June 30 compared to fiscal 2023 due to the double whammy of two strikes and reduced spending from media companies across the board.
The $2.6 billion direct spending figure, was down 37%. It was also the lowest spending amount since the pandemic year of 2020, when production literally stopped for months starting in March of 2020. Excluding that year, fiscal 2024 is the weakest year the state has seen since fiscal year 2016.