00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Marvel Studios has shifted major productions from Georgia and the United Kingdom,
00:05cutting into the state's film economy, according to the Wall Street Journal.
00:08The move comes despite Georgia's generous tax credits,
00:10as lower labor costs and fewer obligations,
00:13such as health insurance abroad, make the UK more cost-effective.
00:16The transition began with Fantastic Four First Steps,
00:18and will include upcoming Avengers and Spider-Man titles
00:20filled at Disney's London locations.
00:23The change of production spending has fallen by nearly half in the past three years,
00:26as Hollywood turns to cheaper international markets to cut streaming losses.
00:29Looking ahead, Disney plans fewer Marvel films,
00:32with two scheduled for 2026 and one for 2027,
00:35including new Avengers installments.
00:37For all things money, visit Benzinga.com.
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