# Hollywood industry revitalization efforts > Live situation record from CLSTR: https://clstr.news/situations/hollywood-industry-revitalization-efforts > Updated: 2026-08-10T17:10:00.000Z. Sources: 8. Developments: 2. Media figures Spencer Pratt and Mauricio Umansky are engaging in discussions regarding the revitalization of the Hollywood film and television industry in Los Angeles. Following a meeting with President Donald Trump in Los Angeles, Pratt has been lobbying for federal policy changes, specifically a proposal to restore a 25% federal film tax credit. Pratt argues such a measure is necessary to incentivize studios to maintain domestic production jobs rather than moving projects to international locations like Hungary. While the president has not made a public commitment to the plan, the discussions have been framed as part of efforts to bolster the industry. Umansky, a registered independent, has also addressed the topic, emphasizing that reinvigorating Hollywood is essential for local employment and the tourism industry. While not currently running for mayor of Los Angeles, Umansky has expressed interest in bringing balance to the political landscape to focus on returning businesses and employment to the city. ## Timeline ### 2026-08-10: Spencer Pratt and Mauricio Umansky discuss Hollywood revitalization Media personalities Spencer Pratt and Mauricio Umansky are exploring political paths focused on revitalizing Hollywood through federal tax incentives and economic reforms in Los Angeles. 3 sources. https://clstr.news/cluster/spencer-pratt-and-mauricio-umansky-discuss-hollywood-revitalization ### 2026-08-07: Donald Trump meets Spencer Pratt in Los Angeles to discuss film tax credits Donald Trump met Spencer Pratt in Los Angeles, where Pratt pushed for a revived federal film‑tax credit to bring U.S. production back home; no commitment was announced. 6 sources. https://clstr.news/cluster/donald-trump-meets-spencer-pratt-in-los-angeles-to-discuss-film-tax-credits --- Cite as: Hollywood industry revitalization efforts. CLSTR, https://clstr.news/situations/hollywood-industry-revitalization-efforts