Georgia legislative leaders’ pledge to rein in some of the state’s generous tax breaks to industry is starting with the most expensive on the books: the film tax credit. A bill introduced in the Georgia House of Representatives earlier this month would require film production companies to meet at least four of nine criteria to […]
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Sen. Roberta Lange (D-Las Vegas) has announced her intention to reintroduce a revised version of the film tax credit proposal during the 2025 legislative session. Lange aims to reduce the proposed tax credit amount by half, from $190 million annually over 20 years to $95 million annually over 17 years. The initial bill, SB496, faced […]
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Germany’s film and TV sectors have been eagerly awaiting the biggest reform in the history of German film funding this year, and while the government of Chancellor Olaf Scholz struggles to navigate a major budget crisis, leading industry representatives are confident the planned overhaul will improve business despite the hurdles. Overseen by Claudia Roth, the […]
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OpenAI, the San Francisco-based research lab, just sent shockwaves through Hollywood with its unveiling of Sora, a generative AI tool capable of crafting hyper-realistic videos. This marks a significant step for the AI company, potentially displacing human labor in a crucial entertainment industry sector. The system boasts the ability to generate complex scenes with multiple […]
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From Stagerunner Green Scene, H2 OnSet has announced a hydrogen power service providing film and TV productions with zero emission electricity power. The “first-of-its-kind” solution was developed in consultation with those involved in film and TV production and will use low-carbon hydrogen suppliers, including a generator boasting a sustained AC power output of 165kW The […]
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The multimillion-dollar Crown Works Studios plans in Sunderland envision the creation of up to 20 sound stages for use in blockbuster film and TV productions, bringing stars and other creative talent to the area as well as creating thousands of jobs across a range of professions. Film company Fulwell 73 – the company behind Netflix football documentary […]
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Actor Kevin Costner is partnering with a southern Utah developer to bring a $40 million-plus film studio to St. George, Utah. That’s the biggest news that emerged from St. George Mayor Michele Randall’s State of the City address Tuesday to the crowd at the Dixie Convention Center. “It’s going to be a massive, massive addition […]
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COLUMBUS, OH (MARION COUNTY NOW)—The Ohio Department of Development announced today that it is awarding over $44 million in tax credits to support the production of TV series and feature films across the state. The awards are being made through the Ohio Motion Picture Tax Credit Program, which provides a refundable tax credit of 30 […]
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Wisconsin: A new GOP legislative proposal would grant up to $5 million a year in tax credits for film production companies. The bill from Wisconsin would also create a State Film Office, attached to the Department of Tourism, to oversee the program, which would allow credits such as up to 25% of the salary or […]
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