In the escalating arms race for global production dollars, Mexico has the locations, the crews, the infrastructure — but it still lacks one key weapon: competitive incentives. While international production is beginning to rebound in the wake of the 2023 Hollywood strikes, producers looking to stretch their budgets are turning to countries offering deep rebates, […]
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In a key move to revive California’s flagging production economy, the State Senate on Tuesday passed a bill that would significantly expand eligibility and boost benefits under the state’s long-standing film and television tax credit program. Senate Bill 630, co-authored by a cohort of Los Angeles-area lawmakers, including Assemblymember Rick Chavez Zbur and State Senator […]
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As major studios continue to reconfigure their production pipelines and streaming platforms scale back in high-cost markets, Louisville, Kentucky, is quietly positioning itself as the next major player in U.S.-based film and television production. Construction is set to begin by late 2025 on The Louisville Studios at the Gardens, a $70 million soundstage and production […]
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Western Australia is stepping up its game in the global production race. Starting July 1, Screenwest will double its post-production, digital, and visual effects rebate to 20%—now the most generous post-production screen incentive in Australia. When combined with the federal government’s 30% offset, productions that spend at least $500,000 in Western Australia could now receive […]
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Louisiana’s film industry just weathered a legislative rollercoaster — and may be stronger for it. In a dramatic turnaround, state lawmakers not only preserved Louisiana’s hallmark film tax incentive during sweeping tax reforms, but also passed SB 232, a forward-looking bill poised to reinvigorate production activity across the state. The final budget deal, passed by […]
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The Walt Disney Company began a sweeping round of layoffs Monday, impacting several hundred employees across its film, television, and corporate finance divisions. The cuts are part of a continued strategic shift as the company navigates evolving media economics and a sharpened focus on streaming. The majority of affected roles fall under Disney Entertainment, including […]
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Fort Worth is officially getting in on the action. Hillwood, the Dallas-based real estate powerhouse behind AllianceTexas, is transforming more than 450,000 square feet of industrial space in the city’s booming Alliance corridor into one of the largest media production campuses in Texas. At its May 20 meeting, the Fort Worth City Council approved a […]
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Inside Be Electric Studios’ rise from a Brooklyn photo studio loft to 13 stages across NYC and a tri-state virtual production powerhouse While much of the film and TV industry is navigating a historic production downturn, one Brooklyn-based studio is writing a very different script. Meet Be Electric Studios, a rare success story that’s expanding […]
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Hollywood’s real estate giant is feeling the weight of an industry in flux. S&P Global has downgraded Hudson Pacific Properties—parent company of Sunset Studios—to a speculative-grade “B” rating, citing sustained headwinds across both its studio and office portfolios and a cloudy outlook on liquidity. The news underscores the current volatility rippling through the Los Angeles […]
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In a move aimed at reshaping the international studio landscape, Shadowbox Studios has announced a strategic partnership with Olivewood Studios, Jordan’s premier full-service film production facility. The deal marks a significant milestone in Shadowbox’s mission to bring its world-class operational and marketing expertise to rising global markets—starting with one of the MENA region’s most visually […]
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