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…

Paramount's Bumblebee, which received nearly $22.4 million in state tax incentives, pumped nearly $85 million into California's economy, employing more than 2,800 local workers who took home more than $50 million in wages, according to data released by the studio. The Transformers prequel, which supported 1,250 local…

An amendment to a bill that would extend California's $330 million-a-year film incentives program would for the first time require applicants to submit a written policy against sexual harassment. If approved by the Legislature and signed by the governor, it would be the first time an anti-sexual harassment policy has…

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…

California spent $330 million last year to keep films and TV shows shooting in the state, but the projects it subsidized barely made a blip at the Golden Globes. Of the statuettes handed out in 25 categories Sunday night, only one went to someone associated with a project that received California tax incentives. That…

The Association of Film Commissioners International has picked Rajiv Dalal for the newly created role of President, it was announced today at the group's 41st Annual Cineposium here in L.A. The new direction at the top of the AFCI also saw ex-British Film Commission exec Jess Conoplia appointed to the also the newly…

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…

Nearly three years into California's revamped and expanded $330 million film and television tax credit program, feature production in Los Angeles took a big hit in the early months of 2017, according to FilmLA. Falling to levels not seen since 2012, on-location film production was down a harsh 36.3% in the first…

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…

California should consider scaling back or eliminating its $330 million film tax incentives program if other states do so, according to a new report from the state Legislature's non-partisan Legislative Analyst’s Office, which found that the first 10 years of the program only boosted the state's economic output by "a…