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Movie Production Incentives (MPIs): "Movie Production Incentive" is any incentive states offer filmmakers to encourage film production in-state. [6] Tax Credits: Tax credits can remove a portion of the income tax owed to the state by the production company, but since most production companies are limited purpose business entities they often ...
The upcoming Lucasfilm theatrical release “The Mandalorian & Grogu” is one of 15 films to secure an estimated $61 million in 2024 production tax incentives through California’s Film and ...
California Gov. Gavin Newsom signed a bill on Monday that extends the state’s $330 million tax incentive for film and TV production. The program will be extended for five years through 2030. For ...
Opponents say California's film and TV tax credit program — which underwent a significant makeover in 2023 — could be in jeopardy due to a provision in the proposed ballot measure declaring ...
The California Film Commission (CFC) was founded in 1985 by then California Governor George Deukmejian [1] to act in an economic development capacity for the state. [2] It is a part of the California Trade and Commerce Agency, [3] formerly the Business, Transportation, and Housing Agency. Its purpose is to enhance California's position as the ...
An amendment to include a diversity requirement to California’s $330 million tax incentive for film and TV production is now awaiting Gov. Gavin Newsom’s signature. SB 485, which will extend ...
In California, the legislature is set to approve a five-year extension of the state’s $330 million incentive for film and TV production. For the first time, the tax credit will be […]
Texas has long been known as a film-friendly state offering a slew of tax incentives, grants and other attractive benefits to productions. The May 29 conclusion of the recent legislative session ...