Archive for October, 2018

Jersey City to Triple the Cost of Major Film Permits

By Jared Kofsky – October 19, 2018 With the crew of “Joker” setting up shop and taping in Journal Square, film production in Jersey City is certainly in the spotlight. Now, filming a major motion picture in the state’s second largest city is about to get a lot more costly. An ordinance that was introduced […]

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Popular Vote Shows New IATSE Contract Is Not So Popular

by David Robb   October 17, 2018 EXCLUSIVE: Ratification of IATSE’s new film and TV contract was approved last week in a landslide under the union’s electoral college-style voting system, but it was a real squeaker in terms of the popular vote – the closest in the union’s history. And while the popular vote carries […]

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IATSE Hollywood Members Ratify New Film & TV Contract; International Cinematographers Guild Vote To Approve – Update

by David Robb   October 10, 2018   UPDATED: IATSE members have ratified a new three-year film and TV contract in one of the most hotly debated and contentious votes in the union’s 125-year history. The contract was ratified by a vote of 308-73 in an electoral college-style system that allots so many votes to each local […]

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Hollywood takes stronger hold in state

The New Mexican Oct 10, 2018 Years of building the foundation for filmmaking as an economic driver in New Mexico just paid off. Earlier this week, we learned that Netflix is buying Albuquerque Studios with the intent of establishing a production hub. That’s a big win for Albuquerque, but one that will impact the rest […]

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High-end tax credits elevate record levels of UK production

Written by Manori Ravindran High-end tax credits for the UK’s television sector generated a record £896.7m ($1.2bn) in 2016, and doubled local production in four years, according to a new report by The British Film Institute. The report has shown that an estimated £632m ($832m) in tax relief seeded £3.2bn ($4.2bn) in direct production spend […]

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City entertainment industry hooked on state tax break

AARON ELSTEIN Back in 2004, New York debuted a $25 million tax credit for TV shows and movies produced on soundstages in the state. The program has since morphed into a $420 million incentive that’s the largest in the nation and one the industry says it can’t live without. “The tax credit is the engine […]

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Louisiana film tax credits: We know how this movie ends

Posted Oct 10 By Tim Morris, Columnist tmorris@nola.com NOLA.com | The Times-Picayune Louisiana Gov. John Bel Edwards returned from a trip to Hollywood last week to announce peace for our time with the movie moguls. That kerfuffle over whether the state was really capping its generous tax credits and maybe trying to be a little […]

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Ireland’s film and TV tax incentive renewed until 2024 with new ‘regional uplift’

BY ESTHER MCCARTHY10 OCTOBER 2018 The Irish government has committed to the extension of Section 481, Ireland’s primary tax incentive for film and TV, until at least December 2024. The measure had been due to expire in 2020. It also announced the introduction of a ‘regional uplift’ of 5% to Section 481, to encourage local […]

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Mattel CEO on film unit and toy industry

Tue, 9 Oct 2018 Mattel CEO Ynon Kreiz sits down with CNBC’s Julia Boorstin at the Vanity Fair Summit to discuss the company’s new film unit, the toy industry, the tariff impact on the industry and how they plan to reestablish Mattel as a toy company.   https://www.cnbc.com/video/2018/10/09/mattel-ceo-on-film-unit-and-toy-industry.html

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China Hatches Anti-Tax-Evasion Plan For Film & TV Biz In Wake Of Fan Bingbing Flap

by Nancy Tartaglione Oct 9 In the wake of the scandal that recently engulfed superstar actress Fan Bingbing, China has launched a campaign to regulate the payment of taxes within the film and TV industry. A notice posted by the State Administration of Taxation aims to promote the healthy development of the business which has […]

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