Latest in California Film & Television Tax Credit Program

Runaway film and TV productions that applied for California tax credits from 2020 to 2022 but were "ultimately denied due to lack of available funds" ended up spending nearly $1 billion in production costs outside the state. That’s according to the latest report from the California Film Commission, which…

A California Senate bill extending the $330 million annual film and TV tax credit until 2030 was placed in the inactive file for this legislative session Thursday at the request of its lead author, state Sen. Anthony Portantino (D-Burbank). Just last week, new provisions were added to Senate Bill 485 (read the…

Four big-budget features are among the 18 film projects that have conditionally qualified for the latest round of California's tax credit program. Together, they're expected to generate an estimated $915 million in overall production spending across the state and employ nearly 600 actors, more than 2,500 crew members…

Hollywood soon might be required to do more than just talk about the importance of diversity in the industry, if a new addition to an extension of California's lucrative film and television tax credits becomes law. With new provisions added Wednesday, the latest version of Senate Bill 485 (read it here) wending its…

California Gov. Gavin Newsom's promise to sign a bill that would extend the state's $330 million-a-year film and television production tax credit program until 2030 is receiving high praise from the Entertainment Union Coalition, whose members include SAG-AFTRA, the DGA, the California IATSE Council, Teamsters Local…

On-location filming in Los Angeles fell 5.8% in the second quarter of 2022 compared to the same period last year – the first decline following three consecutive record-breaking quarters. Even so, local production has surpassed pre-pandemic levels, finishing 6.8% ahead of 2019's second quarter and 2.7% ahead of 2Q…

There's going to be some serious California financial meat on the bones of Star War series Skeleton Crew. Hauling in a near-record $20.9 million in Golden State tax incentives, the Disney+ series starring Jude Law was among seven shows awarded lucrative credits today. As you can see in the list below, the 2023-premieri…

UPDATED with quotes: California's Film & Television Tax Credit 2.0 Program generated nearly $21.9 billion in economic output in the state over five years at a projected cost to taxpayers of little more than $1.5 billion, according to a new study commissioned by the Motion Picture Association, using data from the Califo…

The California Film Commission has selected 30 feature films to receive the next round of California tax credits – movies that the commission estimates will generate $1.17 billion in overall production spending in the state and create 4,564 jobs for crew members, 1,212 gigs for actors and more than 48,000 days of work…

ABC’s Promised Land and Disney+’s The Mysterious Benedict Society are going to California. The two series have scored increased funding for relocating as part of the Golden State’s film and TV tax credits program. The California Film Commission said Monday that Touchstone TV’s Promised Land will receive $8.66 million…

As Axel Foley would say: “Okay, everybody's ready here, okay.” Everybody is here to the tune of almost $15.8 million for Netflix and Paramount's Beverly Hills Cop 4 with Eddie Murphy and producer Jerry Bruckheimer to be specific. That's the amount the long-awaited sequel will be getting in tax credits from California…

UPDATED, 1:44 PM: Hurray for Hollywood indeed! In the heart of the home of the movies, California Gov. Gavin Newsom on Wednesday put pen to paper and made the new $330 million increase in California’s film and television tax incentives a reality. Facing a recall election in September, the longtime studio-friendly…