【World Property Journal】Los Angeles Soundstages Stay One-Third Empty as Slump Continues
【World Property Journal】Los Angeles Soundstages Stay One-Third Empty as Slump Continues
Los Angeles County still boasts the world's largest concentration of soundstage space -- 8.3 million square feet of certified and uncertified stages -- but roughly a third of it sits vacant. Average occupancy across the region's major facilities held steady at 62% in the first half of 2025, according to FilmLA's eighth annual Sound Stage Production Report released March 18, 2026. That figure is essentially unchanged from 63% for full-year 2024 and well below the 69% recorded during the 2023 strikes. It marks a stark departure from the mid-90% utilization rates that defined the market from 2016 through 2022, before the dual Hollywood strikes, the "Great Netflix Correction," studio belt-tightening and intensifying competition from the U.K., New York and incentive-rich jurisdictions elsewhere.