🚨 NEW: Fox’s Trace Gallagher reports ‘American Idol’ just became the latest major TV show to QUIT California due to high taxes and costs. TRACE: “The volume of reality TV production in Los Angeles has been falling over the last five years, and the situation is set to worsen as one of the biggest music competition shows is set to leave the city. The high-profile nature of both Idol and The Masked Singer leaving L.A. in the same 12-month period is a major setback for the city.” “They have been warning California: it’s too expensive. Lower the cost, give them tax breaks if you wanna keep ’em.” @​JoeConchaTV: “Look at Gavin Newsom and all the companies that have left California: Chevron, HP, Tesla, SpaceX, Palantir. They just keep moving out.” “These companies make money for a reason. They know they can leave if they don’t have to pay taxes in another state as high as California. Gavin Newsom seems to be the last one to get the memo.” ▻