Latest in tax credits

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…

Showtime's upcoming Los Angeles-set version of Penny Dreadful is actually going to film in the City of Angels, thanks to lucrative tax credits from the state of California. Penny Dreadful: City of Angels, which will star Daniel Zovatto, Natalie Dormer and Nathan Lane, has conditionally received $24.7 million as a…

After seven years without offering tax incentives for film and TV production, New Jersey is poised to implement aggressive new benefits to producers that would be worth up to $425 million over five years. Proponents and observers of the humming production scene in and around New York City say the move is likely to…

California's film incentives have been good for Hollywood, but they've barely made a blip at the Oscars. In the last five years, only one of the 43 films nominated for Best Picture received tax credits from the state. That film, Her, received nearly $2.5 million in incentives. Of the nine films Oscar-nominated for…

House of Cards creator Beau Willimon and actress-writer Robin Thede have joined the WGA East and the DGA in urging New York Gov. Andrew Cuomo to sign legislation to create the Television Writers' and Directors' Fees and Salaries Credit. If enacted, the recently passed legislation would encourage the hiring of female…

New York Gov. Andrew Cuomo tonight unveiled a state budget that includes a three-year extension of the state's film production tax credit. Launched in 2004 and extended by Cuomo in 2013, the $420 million-a-year program isn't set to expire until 2019 but was expected to run out of money later this year without the…

Louisiana‘s tax incentive program started scaling back two years ago, resulting in a 75% loss of jobs for union crews. Because of redemption caps, buybacks and budget cuts, the premier production facility in Baton Rouge — the Celtic Media Centre — largely has been left vacant. The facility has now opened their doors…

The invaluable Encores! series brought back Lady Be Good, in 1924 the first Broadway outing by brothers George (music) and Ira (lyrics) Gershwin. Don’t expect a commercial transfer from this bit of silliness, lovingly if inconsequentially revived in concert form, even if it gives us the long-overdue return of one of…

In the end, they struck a tax credit deal that probably would have made Frank Underwood proud. Today Maryland Gov. Martin O'Malley and House Of Cards producers Media Rights Capital announced they have found a way to keep the Netflix series in the state for its upcoming third season. "Spoiler alert: we're going to keep…

Just days after Texas tripled its film and TV production tax incentives, Nevada has gotten into the game. Gov. Brian Sandoval has signed the state’s first program aimed at luring productions away from California and elsewhere. Starting Jan. 1, productions that shoot at least 60 percent in-state and spend $500,000 to…

The Lone Star State just ponied up some serious bucks to bring film and TV production to Texas. Last week the state Legislature voted $95 million for use by its Texas Moving Image Industry Incentive Program for the next two years. That’s a jump of $63 million from the program’s present level. Senate Bill 1 now moves…

New York State has seen a dramatic rise in recent years in film and television production and jobs, says a report released today by the MPAA. Employment in the industry in the state grew by 25% between 2008 and 2011, according to the study (read it here) conducted by HR&A Advisors for the MPAA. The approximately…