Archive for category State/Government Production Incentive News

http://www.katc.com/news/first-integrated-film-studio-in-the-state-moving-to-lafayette/ by KATC 4-Studios, a quality provider of film, music, game development, animation and post production facilities, rentals, financing and services, today announced the opening of a studio and offices in multiple locations in Lafayette. 4-Studios provides turnkey or individual entertainment production services including film management, accounting, budgeting, location scouting, transportation services, production offices, housing, [...]

http://www.nashvillescene.com/pitw/archives/2012/05/11/film-incentives-get-funding-boost-film-workers-nothing-but-grateful STEVEN HALE Tennessee’s embattled film community got a shot in the arm Wednesday with the announcement that the state’s shrinking film/TV incentive fund will get an extra $2 million in funding, after changes to the state’s incentives program. As part of a budget implementation bill, sponsored by Senate Majority Leader Mark Norris, the change [...]

http://www.dispatch.com/content/blogs/the-movie-blog/2012/05/ohio-house-passes-bill-to-renew-increase-movie-tax-credit.html By: Susannah Elliott The Ohio House of Representatives just passed a bill to renew and increase funds for the Ohio Motion Picture Tax Credit. The tax credit currently reimburses filmmakers 25 percent of what they spend in Ohio and 35 percent of wages paid to Ohio residents they hire. The incentive is set to [...]

http://washingtonexaminer.com/entertainment/2012/05/michigan-film-industry-refocuses-big-picture/599946 Jeff Karoub DEARBORN, Mich. (AP) — With a majority of filming done for their upcoming mockumentary, students in Dearborn High School’s advanced film class recently gathered in the studio for a “Prom-iscuous” status report. Concerns about the upcoming student film included spring break absences and a lack of help on props during a recent [...]

http://www.huffingtonpost.com/2012/05/09/new-york-film-and-media-industry-80-billion-city-economy_n_1502979.html?ref=new-york Mayor Bloomberg happily announced on Tuesday that over the past decade, the film and television industry has spent $60 billion in New York City and that television production has reached an all-time high. Bloomberg touted the numbers as something he’d expected, “This report confirms what I’ve been seeing on sets and soundstages around the [...]

http://www.backstage.com/bso/news-and-features-news/project-cornlight-brings-the-film-industry-1007004552.story By Mark Peikert For a flyover state, the film industry in Iowa has been awfully rocky in the last few years. One expects entertainment scandal in Hollywood but not necessarily in the Midwest. But that’s exactly what happened when the Hawkeye State’s aggressive film credit program was suspended in 2009, after an internal audit [...]

http://www.chattanoogan.com/2012/5/9/225765/Tennessee-Film-Incentives-Get-Funding.aspx Changes to state law made during the 107th General Assembly will mean $2 million in anticipated funding for the state’s film incentive program, administered by the Tennessee Film Entertainment and Music Commission (TFEMC). In addition, reforms to the state’s film funding grant formula will give smaller, indigenous film productions access to a larger share [...]

http://www.marketwatch.com/story/studies-of-film-tax-credits-show-economic-benefits-for-states-2012-05-09 New Ernst & Young LLP report discusses studies of state film tax credits and different approaches used to evaluate the effectiveness of film credit programs NEW YORK, May 9, 2012 /PRNewswire via COMTEX/ — A study released today by Ernst & Young LLP outlines the economic benefits of film production tax incentives for states [...]