Is Hollywood Losing Its Industry Roots? Michelle Pfeiffer Weighs In

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Is Hollywood Losing Its Industry Roots? Michelle Pfeiffer Weighs In

Synopsis

Hollywood veteran Michelle Pfeiffer raises alarms about the declining film industry in Los Angeles, revealing that only a fraction of her recent projects have been filmed locally. In a heartfelt speech, she emphasizes the need for tax incentives to bring jobs back to the city, reflecting on her own journey in acting and the importance of staying connected to the industry.

Key Takeaways

  • Michelle Pfeiffer is currently filming 'Margo's Got Money Problems' in Los Angeles.
  • Only three out of 23 of her recent projects were filmed locally.
  • Pfeiffer emphasizes the need for tax incentives to retain the film industry in LA.
  • She recalls her humble beginnings in acting, which started with a commercial.
  • Public speaking still makes her nervous, even after decades in the industry.

Los Angeles, April 27 (NationPress) Hollywood star Michelle Pfeiffer is currently filming 'Margo's Got Money Problems' in Los Angeles, California. This project is a streaming adaptation of a bestselling novel, featuring Nicole Kidman and Elle Fanning.

Over the past two decades, Pfeiffer has worked on 23 projects, with only three filmed in the city, as reported by 'Variety'.

“That’s insane,” remarked the three-time Academy Award nominee after her hand and footprint ceremony at the TCL Chinese Theater in Hollywood.

According to 'Variety', like many in the film and television industry, Pfeiffer is concerned that Los Angeles may lose its status as an industry hub.

“I may not fully grasp the politics behind it all, but it’s clear we need to reinstate tax incentives,” she stated. “Producers prioritize the financial aspect of productions — they want to maximize their investment. If moving elsewhere saves $4 million, or even just a million, that's a significant amount.”

She continued, “I understand it’s likely more complex than it seems, but the jobs haven't disappeared. They’ve simply relocated. We must bring them back.”

Pfeiffer reminisced about her first acting gig, a Ford truck commercial, for which she was excused from her cashier job at a Von's in Orange County to shoot in Malibu.

“Initially, my only thought was, ‘Can I make a living doing this? If I could, that would be amazing’,” she recalled. “That would have sufficed for me.”

Fast forward nearly 45 years, and Pfeiffer admitted to feeling nervous before her speech at the ceremony.

“I was really anxious,” said Pfeiffer, who stars in Taylor Sheridan's upcoming series 'Madison'.

“Public speaking makes me quite nervous,” she added.

During her address, Pfeiffer shared how she fell in love with acting while taking a theater class in high school.

“I caught the bug,” she said during her speech.

Point of View

It's crucial to acknowledge the evolving landscape of Hollywood. Michelle Pfeiffer's insights highlight a significant concern for the industry’s future in Los Angeles. The need for tax incentives and local production opportunities is paramount for retaining talent and jobs within the region. The city's identity as an entertainment capital is at stake.
NationPress
08/06/2025

Frequently Asked Questions

What recent projects has Michelle Pfeiffer worked on?
Michelle Pfeiffer is currently shooting 'Margo's Got Money Problems', a streaming adaptation of a bestselling novel, co-starring Nicole Kidman and Elle Fanning.
Why is Michelle Pfeiffer concerned about Hollywood?
Pfeiffer is worried that Los Angeles is losing its status as an industry town, with financial incentives leading productions to shoot elsewhere.
What does Pfeiffer suggest to help Hollywood?
She advocates for the return of tax incentives to attract productions back to Los Angeles, emphasizing the importance of local job retention.
How did Pfeiffer start her acting career?
Pfeiffer's first acting job was in a Ford truck commercial, which she filmed after being given a day off from her cashier job at Von's.
What was Pfeiffer's experience at the ceremony?
Pfeiffer admitted to feeling nervous before her speech at the TCL Chinese Theater, reflecting on her long journey in acting.