-
đź’°$1.2 billion reasons why California is still the place to be đź’°
Governor Newsom announced the latest round of California Tax Credit awards, and the numbers for these 17 television projects are staggering. We’re looking at a massive injection into the state economy: $1.2 billion in total economic impact, 5,165 cast and crew jobs, and $487 million in qualified wages directly to…
-
California Update - Jobs, Jobs, JOBS!
CALIFORNIA UPDATE - 22 TV series will receive a California film tax credit as applications increase 400%. California's bold move to double its Film & TV Tax Credit is already paying off. With 22 new TV shows approved—including a new Larry David series and a new Hulu drama from Dan Fogelman—this is a powerful signal to the…
-
California's Big Bet: $750M Incentive Aims to Keep Hollywood Productions at Home
California’s increased funding, larger base credit and shift to refundability will translate into real financial benefits for productions. Are the 2025 changes going to be enough? As global production competition grows, U.S. states are ramping up their efforts to keep film and TV projects from relocating overseas, and…
-
đź“Ł New on The Town: After a Historic Hollywood Tax Break, Is Moviemaking Coming Back to California?
EP's Joe Chianese returns to The Town to discuss California's incentive overhaul and how the state stacks up against other US and global territories. In the latest episode of The Town, Matt Belloni is joined by Joe Chianese of Entertainment Partners to unpack the new California tax bill, which will significantly expand the…
-
🚨 Big News in California! Newsom's $750M Incentive Package Moves Forward
California lawmakers officially expand film & tv tax credit program to $750M – a major investment to keep cameras rolling in the Golden State. California is making a monumental investment in its film and television industry, with lawmakers officially securing a substantial expansion of the state's Film & TV Tax Credit…
-
Some Good News in California - Tax Credit Bill Passes in the Senate
California's SB 630 passed its floor vote this week with 34 senators voting in favor of the bill (only one vote against). Next up is the the State Assembly vote on AB 1138, schedule for this Thursday (June 5). Voting on Governor Gavin Newsom's budget overall expansion will take place on June 15. The legislation comes as…
-
Register Now: California's Film Production Crisis Roundtable from WrapPRO (May 8)
California's economy and thousands of jobs depend on keeping creative and entertainment productions in the state. The loss of these productions, driven by intense competition for tax incentives elsewhere, has devastated production and the work lives of many Californians. Ahead of key hearings and a vote on expanded Film &…
-
Good news for independent film in CA-- but there are still some big questions.
The good news: Of the 51 projects supported in this round of CA film incentives, 43 are indies! https://theindustry.co/p/tax-credit-gold-rush?r=tli9s&utm_campaign=post&utm_medium=web&showWelcomeOnShare=false The question in producer circles is this: it worth it to stay in LA over shopping for a better deal that you could…