Archive for March, 2015
Film industry supporters shift tactics to attract productions
Posted by BrianDzyak in North Carolina, Tax Incentives on March 30, 2015
RALEIGH | Stung by last year’s failings during the short legislative session, the region’s film supporters this winter decided to change their tactics. Facts Current film incentive legislation proposals Gov. Pat McCrory The governor’s proposed budget includes $10 million for the film grant program for each of the next two fiscal years. N.C. House Democrats, […]
Film tax credit is a flop
Posted by BrianDzyak in Massachusetts, Tax Incentives on March 29, 2015
By Thomas FarragherGLOBE COLUMNIST The gravitational pull of the stars is surprisingly magnetic, strongly intoxicating. Faster than you can say Jennifer Lawrence, serious-minded people get all rubber-legged. I’ve seen it up close. When big-name Hollywood actors make the occasional visit to the Globe, reporters capable of putting the toughest of questions to the most powerful of […]
Movie studio opens at Land of Illusion for filming
Posted by BrianDzyak in Ohio, Tax Incentives on March 29, 2015
By Chelsey Levingston Staff Writer MADISON TWP. — A studio for film, television and video production has opened on the grounds of the Land of Illusion Haunted Scream Park outside Middletown, the park’s owner announced Friday. Land of Illusion runs only a limited time each year. Opening the 110-acre venue in the off-season to film crews […]
Mapp Signs New Film and Video Tax Breaks
Posted by BrianDzyak in Caribbean, Tax Incentives on March 29, 2015
Gov. Kenneth Mapp signed into law an act creating new film and video tax breaks, but said in a statement Friday he was doing so “reluctantly,” because of some serious practical problems and major drafting errors in it. Mapp also signed legislation appropriating money to fight the owners of the shuttered Hovensa refinery in court, […]
B.C. expects banner year for movie, TV production
Posted by BrianDzyak in Canada, Tax Incentives on March 29, 2015
JUSTIN SMALLBRIDGE THE CANADIAN PRESS VANCOUVER — Superheroes and sci-fi adventurers are coming to the rescue of British Columbia’s film and TV industry despite dire predictions that it was heading for an unhappy ending. Business has bounced back without further government tax credits, even though some industry insiders said tax breaks were the only way to […]
Cinecittà touts Italian tax credits to Hollywood
Posted by BrianDzyak in Italy, Tax Incentives on March 29, 2015
By Jeremy Kay A small delegation from Cinecittà Studios toured Los Angeles this week to promote the revised Italian tax credit to Hollywood studios and production companies. CEO Giuseppe Basso and Cristina Giubbetti, sales manager international productions, were touting key changes that among other things allow Cinecittà Studios to act as an Italian production service company. […]
FICCI-Frames: Indian Media Grows 12%, But Film Industry Slows, Says Report
Posted by BrianDzyak in India on March 29, 2015
Naman Ramachandran MUMBAI — The Indian film industry’s revenues grew by just 0.9 % from 2013 to 2014, according to the annual media industry report compiled by consulting firm KPMG. The report is published with the Federation of Indian Chambers of Commerce and Industry. It was released at the FICCI-Frames convention in Mumbai. Theatrical and ancillary revenues for […]
Malta to get its first national film policy
Posted by BrianDzyak in Education, Malta on March 29, 2015
National film policy to focus on attracting foreign film productions, improving the local film industry and local film training, and providing better salaries and conditions for workers in the industry. Tim Diacono Tourism Minister Edward Zammit Lewis has set up a consultative committee to draft Malta’s first national film policy. “This is the first step […]
EU copyright plans shake the Irish film sector
Posted by BrianDzyak in United Kingdom on March 29, 2015
PLANNED changes to European copyright laws could devastate the Irish film industry, movie producers have warned. Territorial licensing could be banned under the EU’s proposed Digital Single Market (DSM), which would turn the 28 separate film markets within Europe into a “single digital union”. “For a small country like Ireland it would be a disaster,” […]
Louisiana film program still costs taxpayers four times the cash it brings in, state study finds
Posted by BrianDzyak in Louisiana, Tax Incentives on March 27, 2015
GORDON RUSSELL Louisiana’s generous film tax credit program continues to cost state taxpayers at least four times as much as it generates in tax revenue, according to the latest state-sponsored study of the program. The study, by LSU economist Loren Scott, concludes that for every $1 in tax credits Louisiana issues to film producers, the state gets […]
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