The Hollywood Reporter says that California has lost huge sums of revenue, jobs and salaries in recent years due to failure to provide financial incentives for major film productions to shoot in the state. Consequently, other states and nations that provided these incentives have seen major films shot in their locales. The result has been a major exodus of entertainment-related jobs from California, laying the ground work for Hollywood to possibly lose its luster as the center of film industry. Click here for more