Latest in film and TV production tax credits

Three Point Capital has closed on a $100 million revolving credit facility with Mitsubishi UFJ Financial Group (MUFG). The independent film financier, which was acquired last year by Forest Road, has also rebranded as TPC. Forest Road is the majority owner of distributor Vertical Entertainment. David Gendron, TPC…

NJ Gov. Phil Murphy has signed legislation to expand tax credits for digital media production as part of a push to draw new business to the state following his incentives for film and television. Murphy launched a tax credit regime for film and TV in 2018 and expanded it in 2020. It’s boosted production, attracting…