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Alberto E. Rodriguez/Getty Images for Relativity Media Hollywood producer Ryan Kavanaugh is fleeing Los Angeles, California, amid rising crime, homelessness, and higher taxes. Flight from the Democrat-run city is trending as “a growing chorus of Hollywood executives are talking about leaving the city,” one entertainment industry insider told The Wrap .
Ryan Kavanaugh, American film financier and founder and CEO of the video-sharing app Triller — who grew up in Los Angeles and has called it home for 47 years — is now getting ready to pick up and move his family and business headquarters to Florida.
Kavanaugh — who’s backed over 200 films, including Limitless , Hancock , Mamma Mia!, and The Social Network — told TheWrap that the main reason why he’s looking to flee L.A. is due to the city’s rising crime, homelessness, and California’s anti-business policies.
“I grew up here, I grew up in Brentwood, and I was allowed to be on the streets,” he said. “I would never let my kids walk (alone) in Brentwood — how many times do you have to be out in Los Angeles and see feces in the streets before you just don’t want to be here anymore?” LOS ANGELES, CALIFORNIA – (David McNew/Getty Images) A LAPD police officer stands at the corner of Fairfax Avenue and Sunset Boulevard where a body covered in a white sheet lies on the pavement in Los Angeles. (VALERIE MACON/AFP via Getty Images) Kavanaugh added that he doesn’t blame the Chinese coronavirus pandemic for what he sees transpiring throughout L.A., bur rather, city and state government regulations that he says have made it more difficult to prosecute criminals, and local leaders who have failed to address a homelessness crisis.
“It’s not the pandemic, it’s policy,” he said. (Eric Charbonneau/Invision for Relativity Studios/AP Images) Moreover, the murder of […]
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