United Kingdom, Jan. 25 -- Rob Lowe thinks it's "criminal" that Hollywood has "ceded" control of the film and TV industry.

The 61-year-old actor has bemoaned the relatively recent trend of big-budget productions being made elsewhere in the US, or even overseas, because of financial reasons.

Rob - who enjoyed huge successes in the 80s, when he starred in movies such as The Outsiders, The Hotel New Hampshire, Oxford Blues, and St. Elmo's Fire - told Variety: "This is going to sound incredibly self-serving, but a large part of the budget for tax credit is above the line.

"All of these other territories give you credit for above the line, and Los Angeles doesn't. Until they do that, they're never going to get any of the big shows back."

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