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Latest in California Film & Television Tax Credit Program
Latest Pics Set For California Film Tax Credits Expected To Generate $662M In Production Spending
The California Film Commission has allocated more than $81 million to 24 film projects that have been selected for the latest round of the state's Film & Television Tax Credit Program.
Together, the film commission expects the 24 projects to bring $662 million in total production spending to…
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By David Robb
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4 Comments Comment on Latest Pics Set For California Film Tax Credits Expected To Generate $662M In Production Spending
Gavin Newsom Pitches Big Change To California Film & TV Tax Credits In New State Budget Proposal
A projected $22.5 billion deficit has California Gov. Gavin Newsom proposing some belt-tightening and program cuts, but the financial sun is still shining bright on the state’s more than $400 million film and television tax credits program.
Putting forth a $297 billion 2023-24 state budget plan…
California’s Film Incentives Program Sees Growth In Jobs & Production Spending, But “Lack Of Available Funds” Still Leads Many Projects To Flee The State
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…
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By David Robb
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California’s $330M Annual Film & TV Tax Credits Bill Placed On Hold
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…
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By Tom Tapp
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‘Joker’ & ‘Rebel Moon’ Sequels Among 18 Pics Set For California Tax Credits; Expected To Generate $915M In Production Spending
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…
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By David Robb
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Diversity Requirements For California’s $330M Annual Film & TV Tax Credits Poised To Become Law
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…
Hollywood’s Unions Praise Gov. Newsom’s Pledge To Sign Bill Extending California’s Film & TV Tax Incentives Program
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…
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By David Robb
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Los Angeles On-Location Filming Dips 5.8% In Second Quarter But Still Ahead Of Pre-Pandemic Production Levels, FilmLA Says
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…
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By David Robb
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‘Star Wars’ Series ‘Skeleton Crew,’ Shonda Rhimes’ White House Drama ‘The Residence,’ & Robert Downey Jr’s ‘The Sympathizer’ Adaptation Awarded Big CA Tax Credits
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…
California’s Film & TV Incentives Program Generated $21.9B in Economic Output, Report Says; 110,000 Jobs & $7.7B In Wages Over 5 Years
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…
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By David Robb
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California Film Commission Picks 30 Films For Next Round Of Tax Credits Expected To Generate $1.17 Billion Statewide
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…
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By David Robb
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‘Promised Land’ & ‘Mysterious Benedict Society’ Score Tax Credits For Moving To California
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…
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