LOS ANGELES, CALIFORNIA - OCTOBER 27: California Governor Gavin Newsom stands at a press conference at Raleigh Studios unveiling a vast expansion of California’s Film and Television Credit Program on October 27, 2024 in Los Angeles, California. Newsom and Los Angeles Mayor Karen Bass announced a proposal which would expand the program to $750 million annually, a major increase from the $330 million currently allocated, amid sluggish film and TV productions in Hollywood and across California. (Photo by Mario Tama/Getty Images)