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Will Newsom's expanded tax credit program save California's film industry?

Gov. Gavin Newsom unveiled plans over the weekend to raise the cap on California's film and TV tax credit program. Will it save Hollywood from ruin?
Entertainment - Los Angeles Times - October 28
The Papers: Labour targets waiting lists but tax rises 'won't cure NHS'

The measures expected in Wednesday's Budget, particularly those focused on the NHS, lead the papers.
Top stories - BBC News - 6 days ago
Lib Dems lean to the right on tax proposals ahead of Budget

Party opposes expected government moves on stamp duty and private schools that would hit many of its wealthier voters
World - Financial Times - 6 days ago

Will Newsom's expanded tax credit program save California's film industry?