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.
