After the Writers Guild and SAG-AFTRA strikes last year, and with every streaming service now laser-focused on profitability, Hollywood has been keeping a close watch on efforts to adjust content spend, either reducing spend overall, or finding ways to change the cost structure. At Paramount, reducing that programming spend has now become a top corporate […]
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Rock Island-based Fresh Films is getting a $3.8-million state of Illinois grant to build a new $12-million production studio and sound stages in Rock Island County. There were 15 applicants for the grants (from the Illinois Department of Commerce and Economic Opportunity), and the Fresh Films grant scored the highest. Just three recipients were named Wednesday […]
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The upcoming Lucasfilm theatrical release “The Mandalorian & Grogu” is one of 15 films to secure an estimated $61 million in 2024 production tax incentives through California’s Film and Television Tax Credit Program. The California Film Commission touted Disney’s “Mandalorian & Grogu” as the biggest-budget movie to ever qualify for state’s tax program, which distributes $330 million […]
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Netflix’s plans to build a $903 million production studio complex at the former Fort Monmouth army base got a key approval from a local board Tuesday. The Fort Monmouth Economic Revitalization Authority board, the governing body that oversees the fort, unanimously approved an amendment to establish zoning for the massive project. The vote allows the streaming service […]
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Beginning in March, Japan will open the first round of film and TV production funding under its previously-teased location incentive scheme. The scheme offers reimbursement of up to 50% of qualifying expenditure in Japan, with an upper limit of JPY1 billion ($6.66 million) on each disbursement. Targeting larger-scale productions, the scheme is open to: film, TV or […]
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Nashville – a city always humming – home of Grand Ole Opry, teeming with live music venues, ranging from honky-tonks and bars to concert halls and arenas; a place where music lovers can enjoy a wide variety of genres, including country, rock, blues, and jazz. And a place where horizons are always expanding and the […]
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Albuquerque is rolling out the red carpet for Cinelease Studios, as the entertainment services company announced a major expansion in the Duke City. The $95 million investment will double Cinelease’s footprint at its Pan American Freeway location, adding five soundstages and three ancillary buildings. This comes on the heels of Cinelease taking over the former […]
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“Oppenheimer” continued to steamroll its path to Oscar glory on Sunday night, claiming the top prize at the 2024 Producers Guild of America Awards. Christopher Nolan, Emma Thomas, Chuck Roven and their producing team took home the Darryl F. Zanuck Award, which recognizes excellence in producing for a theatrical feature film. The prize has become […]
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A $100m virtual production studio in Belfast will incorporate a research and development lab, helping revolutionize the UK’s film, television and performing arts industries. Professor Declan Keaney, interim chief executive at Studio Ulster, said: “This is a new chapter for the whole industry, giving access to technologies under one roof that are currently unavailable almost […]
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A Hollywood Reporter Interview Reveals the Acclaimed Director’s Fears for the Industry’s Future Tyler Perry, known for his blockbuster films and expansive Atlanta studio, has hit pause on a massive $800 million expansion project due to concerns about the rapid advancements in artificial intelligence (AI). In an interview with The Hollywood Reporter, Perry expressed his […]
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