Warner Bros. Discovery has abandoned its $8.5 billion studio plan in Las Vegas, marking a shift in Nevada's film industry landscape.
Initial Plans for Warner Bros.
In August 2024, WBD announced a plan to invest $8.5 billion to lease and operate a studio in Nevada. This initiative depended on a film tax credit bill, which was rejected in June 2023 for failing to diversify Southern Nevada's economy. WBD's plan involved constructing a media campus at UNLV's Harry Reid Research & Technology Park with soundstages for film and TV production.
Manhattan Beach Studios’ Commitment
Senator Roberta Lange supports Manhattan Beach Studios' expansion plans in Nevada's film industry. Warner Bros. decided to reassess its industry direction.
Sony’s Ambitious Plans for Nevada
Not only Warner Bros. and Manhattan Beach Studios, but Sony also aims to establish a presence in Las Vegas with a $1.8 billion studio, supported by Howard Hughes Corporation, seeking tax incentives for this endeavor.
Warner Bros.' withdrawal from the Las Vegas studio project, along with initiatives from companies like Sony, highlights dynamic changes in Nevada's film industry.