Latest in Tax Credits

The Motion Picture Association is disputing the findings of a new USC study that said "billions of dollars in state entertainment industry tax incentives don't bring promised jobs." The study was funded by the Koch Foundation, whose billionaire brothers — Charles and David Koch — virtually destroyed the Florida's film…

More than 400 film and TV writers including John Oliver, Samantha Bee and Amy Schumer have signed a petition urging New York Gov. Andrew Cuomo to sign the Television Diversity Tax Credit Bill, which would allocate a small portion of the Empire State Film Production Tax Credit to incentivize the hiring of women and…

Areu Bros, a multi-faceted film, TV and tech entity formed in 2018 after the purchase of the former Tyler Perry Studios campus in Atlanta, has launched a Qualified Opportunity Zones initiative. Opportunity Zones, a federal effort begun by President Obama and continued under President Trump, are billed as creating a…

"We want to be able to have the best conditions here in California to maintain our competitiveness and have people filming and producing here in our state," declares California Film Commission director Colleen Bell of her job keeping Hollywood in the home of Hollywood. "And I do feel a sense of urgency about…

It’s doubtful the upcoming second Sherlock Holmes sequel will feature the line "elementary, my dear California," but the Golden State sure helped solve the riddle of how to get the latest installment starring Robert Downey Jr., Jude Law and Rachel McAdams financed. With a near-record allocation of just under $28.85…

With film and TV production booming in New York, the state has implemented a diversity job training development fund aimed at the entertainment industry, calling it the first of its kind in the U.S.  Gov. Andrew M. Cuomo said he fund will initially provide $1.05 million per year. It was passed as part of a…

NBCUniversal expects to hire 330 full-time, year-round production workers in Albuquerque over the next 10 years, with a goal of pumping $500 million in direct production spending into the local economy as it begins the redevelopment there of a state-of-the-art film and television studio. "NBCUniversal has enjoyed a…

Colleen Bell has been picked by Gov. Gavin Newsom to become the new director of the California Film Commission. The announcement of the former The Bold and the Beautiful producer as overlord of the Golden State's annual $330 million film and television tax incentive program comes less than a month after it was…

The name Leonardo DiCaprio seems to be a little bit golden when it comes to the Golden State and tax incentives for film and television. The Oscar winner saw the Quentin Tarantino directed Once Upon A Time In Hollywood, in which DiCaprio co-stars with Brad Pitt, awarded over $18 million from California's $330 million…