In a pivotal move, the Louisiana Senate Revenue and Fiscal Affairs Committee has voted to restore the state’s essential film and television production tax credit, albeit with reductions to its annual cap. This decision provides a lifeline for the industry, which faced existential threats after two House bills initially proposed abolishing the credit altogether. The […]
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Albuquerque, New Mexico, could soon welcome a transformative addition to its growing film and television industry. Mesa Film Studios is set to present updated plans to the city’s Environmental Planning Commission (EPC) this Thursday, aiming to secure approval for a sprawling production hub west of the city near Double Eagle II Airport and the iconic […]
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The halls of the Louisiana State Capitol brimmed with energy and urgency as hundreds of film industry professionals gathered Sunday to advocate for the preservation of the state’s Motion Picture Production Tax Credit Program. This initiative, often credited with transforming Louisiana into “Hollywood South,” faces a critical threat under proposed tax reforms championed by Governor […]
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Walt Disney Co. has bounced back with a quarter that exceeded Wall Street expectations, driven by the explosive success of Deadpool & Wolverine, the summer’s hit R-rated Marvel blockbuster. This performance, paired with a forward-looking strategy, suggests the entertainment giant is firmly regaining its footing under CEO Bob Iger. Disney’s shares surged 7.4% in premarket […]
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The Pennsylvania film industry is poised for a major boost, with 11 new TV and film projects set to generate more than $36.7 million in economic impact and create nearly 2,200 jobs across the Commonwealth. This impressive growth comes as the Pennsylvania Film Office, under the Department of Community and Economic Development (DCED), awards $9.2 […]
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In a Hollywood power move that bridges music and film, Grammy-winning artist John Mayer and renowned filmmaker McG are set to acquire the iconic Jim Henson Studios lot for a reported $60 million. This landmark deal ensures the preservation of a property steeped in entertainment history, once home to Charlie Chaplin, A&M Records, and, most […]
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Louisiana’s film industry, long known as “Hollywood South,” is facing a seismic shift that could reshape its future. Following a recent vote by the Louisiana House of Representatives, the state’s vital film tax credit program is on track to sunset by June 2025. This decision, part of a broader tax reform package, has triggered alarm […]
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Pinewood Group, renowned for hosting iconic productions like James Bond, is riding a wave of revenue growth, thanks to the recent expansion of Shepperton Studios. For the first half of its financial year, ending September 30, 2024, Pinewood reported revenue of approximately $108 million (up from $73 million in 2023). This growth underscores the group’s […]
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Louisiana’s film tax credit program, a cornerstone of the state’s “Hollywood South” appeal, is facing potential elimination under proposed tax reforms by Governor Jeff Landry. With this change, Louisiana’s longstanding draw for the entertainment industry—especially major studios and independent filmmakers—is at stake. The Motion Picture Tax Credit Program, established in 2002, has spurred the development […]
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The Universal Studios Lot is one of the most iconic properties in the entertainment industry and has long been a beacon of imagination and a symbol of dreams being fulfilled for creatives all around the world. Since its grand opening in 1915, the lot has undergone many transformations to maintain its status as the epicenter […]
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