We've even had some of the "entertainment industry" move into Northern Virginia, particularly the high tech and cutting edge part that doesn't need live actors.
Jobs may or may not follow capital so you guys could end up with just more unemployed people.
Regarding the major investors, they can keep an estate in CA overlooking the ocean, and as long as they restrict their visiting they will owe nothing more than property taxes.
The entertainment industry has been dying in CA for decades.
Directors have been doing more and more pics outside the state for a long time. The unions are probably the main reason.
Now, with computer animation, the new TRON being just the latest example, they don’t even need actors, and the programming can be done in India for pennies on the dollar................