"I say Los Angeles WAS the best, because I don't think it's true any more. For many decades, film tax incentives have sucked production from Hollywood (and New York). Also, due to technological advancements, it's a lot easier to shoot away from a production center." [0]

Some hard numbers:

"Lockdowns, strikes, and exploding production costs have pushed many productions overseas, especially for streaming services with global ambitions. Hollywood production volumes have declined steeply since the second quarter of 2023. Stateside production is down 40% in the second quarter of 2024 compared to peak television levels of filming during the same period in 2022." [1]

[0] https://x.com/RamboVanHalen/status/1918378975417532675

[1] https://www.filmtake.com/production/streamers-shift-focus-ov...