Pennsylvania Lawmaker Pushes to Raise Film Tax Credit Cap to $125 Million as Competition Intensifies
Pennsylvania is once again looking to raise its profile as a serious player in the national production race. State Representative Joe Ciresi has reintroduced legislation—House Bill 1317—that proposes increasing the state’s Film Production Tax Credit from $100 million to $125 million annually. The move, he says, is necessary to keep Pennsylvania competitive with states offering […]
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The next big shake-up in global production might just be around the corner. French TV giant Banijay Group — never one to shy away from a blockbuster deal — has entered early talks to buy either all of ITV or just its prized possession, ITV Studios. For those keeping score, Banijay has been one of […]
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On Friday a bill that could have revived Hawaii’s struggling film and TV industry quietly died in committee — and with it, the hopes of hundreds of local workers who built their careers on the islands. The bill, which sought to expand Hawaii’s film tax credit program by raising the annual cap, adding incentives for […]
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Let’s take a moment to appreciate one of the most expensive “what ifs” in recent investment memory. Back in January 2022, billionaire investor Bill Ackman made headlines when his hedge fund, Pershing Square Capital, dove headfirst into Netflix. The stock had just taken a 20% dive after a rough earnings report, trading around $400. Ackman […]
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It’s official—AB1138, the bill aiming to supercharge California’s Film & Television Tax Credit program, cleared a key hurdle today in Sacramento. The State Assembly’s Arts, Entertainment, Sports and Tourism Committee voted the bill out with seven “yes” votes, pushing it one step closer to the finish line. What’s at stake? A major rewrite of California’s […]
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If you’re producing unscripted television, it’s not just the talent that’s unpredictable—it’s the legal landscape too. That’s why we’re flagging this one: a must-attend two-part legal webinar series co-presented by Revolution, Three Olive Media Advisors and NPACT. Part 1 kicks off Tuesday, April 29 at 11:00 AM PT / 2:00 PM ET. If you work in […]
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Is the next Hollywood rising just outside of Sydney? That’s the bold vision behind Central Coast Studios, a $240 million production facility proposed for a 50 acre site in Calga, less than an hour north of Sydney. Tucked just off the freeway and ten kilometers from Gosford, the project has been lodged as a State […]
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The Lone Star State just raised the stakes. Texas lawmakers have officially approved Senate Bill 22—a bold $500 million commitment every two years through 2035—to transform Texas into one of the most competitive film and television production markets in the country. The bipartisan vote marks a seismic shift for the state’s film economy and has […]
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The actor-director says it’s time for California to stop taking Hollywood for granted. Ben Affleck has a message for Sacramento: California is losing its grip on the film industry it helped build—and incremental fixes won’t be enough to stop the bleeding. Speaking at the premiere of The Accountant 2 in Hollywood last week, Affleck didn’t […]
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In a significant move that signals both franchise revival and strategic IP play, Amazon MGM Studios has teamed up with Legendary Television to develop a live-action Pacific Rim series for Prime Video. The project is now officially in development, with Eric Heisserer (Shadow and Bone, Arrival) attached as writer and executive producer under his Chronology […]
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