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LA Mayor Celebrates New Studio Boosting Local Economy

3/4/2026

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Story summary
  • Los Angeles Mayor Karen Bass attended the March 2 ribbon-cutting for Cinespace's Woodland Hills studio, highlighting the entertainment industry's economic impact.
  • The 180,000-square-foot facility includes six soundstages to support local production.
  • Cinespace co-CEO Eoin Egan cited the studio's strategic location near essential services.
  • As of January 2026, California approved 119 projects under a revised Film and Television Tax Credit Program, projecting economic activity and jobs.