Archive for March, 2015

Our Views: Stephen Moret’s take on film industry tax credits

Stephen Moret is leaving his job as Louisiana’s chief economic development officer to lead the LSU Foundation, so presumably he can be more candid in his views on state tax policy, even when it doesn’t square with the priorities of his current boss, Gov. Bobby Jindal. Maybe that’s why Moret was fairly direct this month […]

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Michigan Film-Tax Credits Show Divide Over Aid to Hollywood

(Bloomberg) — Michigan’s cash credits for filmmakers have lured George Clooney, Ben Affleck and Drew Barrymore to make movies and splash headlines in a state known for making cars. The Republican-led Michigan House of Representatives voted this month to end the incentives, marking the first time either legislative chamber voted to kill a program that’s […]

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“Benefit of tax exemption should go to film industry”

The Tamil Nadu Government has said the entire monetary benefit in the exemption of entertainment tax is to be passed on to the film industry and not to film viewers. It was responding to a writ petition seeking to quash a circular of May 6, 2014 of the Commercial Taxes Department. In the petition filed […]

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Nigeria’s film industry steps out of the shadows

The contributions of Nigeria’s film industry, the second-largest in the world in terms of number of films produced, to the national economy have become all the clearer after the rebasing of the country’s GDP last year. A move to recalculate the net worth of Nigeria’s economy in 2014 saw the number of industries or activities […]

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Omaha is getting a film school

By Bob Fischbach / World-Herald staff writer Omaha filmmaker Jack Young has announced plans to start a film school, starting with four daylong seminars on Saturdays in April and continuing with spring and summer classes. Young said members of the Nebraska Film Association, which meets monthly to discuss film production, encouraged him to provide training […]

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Ed Asner Tells Union Actors: Just Say No To Equity’s Minimum-Wage Plan

by David Robb EXCLUSIVE: Former SAG President Ed Asner is urging stage actors to vote no on Actors’ Equity’s proposal to scrap L.A.’s 99-seat theater waiver. Balloting on the plan begins today, with an Equity Council vote slated for April 21. The proposed change would require small theater companies to pay actors minimum wage for performances, a move that […]

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“The Rs 100 crore Bollywood film club is bullshit:” Mukesh Bhatt

MUMBAI: The year 2014 will go down in history as one of the worst years for Indian cinema in recent times with poor box office collections. Movie economics were also adversely affected by dramatic reduction in demand for satellite rights by broadcasters. In an endeavour to produce bigger and larger movies, is the emphasis on […]

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Review program for Nebraska tax incentives advances

By GRANT SCHULTE LINCOLN, Neb. (AP) — Nebraska’s tax incentives for businesses would face greater scrutiny from lawmakers under a review program that won first-round approval on Tuesday. The program is designed to show whether the incentives are benefiting Nebraska’s economy and meeting the goals set by lawmakers. Legislative auditors would review each tax incentive […]

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New York State Exposed: Millions in tax credits going to movie production in NY

By: Brett Davidsen In the spring of 2013, the streets of Rochester were taken over for two weeks for the production of The Amazing Spider-Man 2. Now next month, more filming is coming to New York State and upstate. The sequel to Teenage Mutant Ninja Turtles will be shot in New York City with some […]

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Lakeshore Entertainment Gets New Funding for Expanding Film Slate

By Todd Cunningham The money from Vine Investment Group will be used to co-finance 12 features Lakeshore Entertainment has received a new round of funding from Vine Alternative Investments Group that will be used to co-finance 12 upcoming films, Lakeshore said Tuesday. Lakeshore is an independent production, financing and international sales company. The new deal with […]

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