Latest in Film Tax Credit Incentives
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With $330 Million A Year In Screen Subsidies, California’s ‘Baywatch’ Still Got Away
On a rusty boat trailer behind the lifeguard operations center at Will Rogers State Beach on Santa Monica Bay sits a reminder of the recent screen glory days here: It is a bright yellow rescue skiff, numbered BW1, with the flame-red logo Baywatch, blazoned the side.
Baywatch is back, in a feature-film send up of the…
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Louisiana Tax Incentive Cuts Create Hard Times For Local Film Crews
Louisiana's scaled-back film tax incentives program put a huge dent in jobs for film crews there. Facing a severe budget crunch, the state last year slashed its annual budget for the incentives to $180 million – down from $222 million spent in 2014. That 19% reduction, however, triggered a 75% loss of jobs for union…
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North Carolina Douses Film Incentives After Tea Party Pushback
As California moves closer to quadrupling tax incentives for film production, North Carolina is moving in the opposite direction, cutting its program this week by two-thirds. The Tar Heel state joins a growing list of those that have scaled back their incentives programs or eliminated them altogether.
Pushback from Tea…
<img class="alignle…New York State Grants $4.5M To New Post, VFX, And Animation Co.
New York Governor Andrew Cuomo today announced the creation of a new post-production, VFX, and animation company to be established at the Tri-Main Center in Buffalo, NY. Empire Visual Effects and Daemen College will partner on the project which is expected to bring 150 new jobs within five years to the western NY…
<img class="alignleft size-200p…Georgia Studio Project, NY Bid To Lure ‘Tonight Show’ Spotlight LA’s Competition
Ross Lincoln is a Deadline contributor.
<img class="alignleft size-full wp-image-459535" title="Medient" src="https://s0.wp.com/wp-content/themes/vip/plugins/lazy-load-0.7/images/1x1.trans.gif" alt width="130" height="130" data-lazy-src="https://pmcdeadline2.files.wordpress.com/2013/03/medi…
New Mexico Gov. Now Expected To Sign Film Tax Credit Increase In Revised Bills
UPDATE 3:30 PM SATURDAY: After Gov. Susana Martinez vetoed the measure on Friday, the state House and Senate repackaged the film and TV tax credit as part of broader legislation to provide tax cuts and other incentives for more types of business. The production tax credit will rise to 30%…
<img class="align…New York State Triples Post-Production Tax Credit To 30%
The credit could go as high as 35% for work done upstate — where officials are especially eager to promote economic development. Since the program began in 2004, the state has issued $1.04B in tax credits for projects with an estimated economic value of $7.57B.
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