"This project represents an opportunity, a real opportunity, to keep Los Angeles as the entertainment capital of the world. We cannot let this opportunity pass us by. The stakes are simply too high." Councilmember Katy Yaroslavsky articulates the essential role of the TVC project for local industry viability.
"The debate over the $1-billion project has played out amid a serious downturn in the region's entertainment industry, with studios shifting film and television production to Georgia, New Mexico and other out-of-state locations," illustrating the large-scale consequences of the situation.
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