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Category: TAX INCENTIVE NEWS

Prague Studios is making a bold move to enhance its offerings with a major expansion project worth $10.8 million (CZK 250 million), aiming to transform an existing hall in the Letňany neighborhood into four cutting-edge film studios. Founder Tomáš Krejčí recently shared insights about this expansion, which is set to further position Prague as a […]

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The Abu Dhabi Film Commission (ADFC) is raising its film and TV cashback rebate from 30% to 35%, starting January 1, 2025. This move strengthens Abu Dhabi’s position in an increasingly competitive Middle Eastern market, particularly against Saudi Arabia, which introduced a 40% rebate in 2022. In an official statement, Mohamed Dobay, Acting Director General […]

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The UK film and television production landscape continues to expand, but not without challenges. The proposed $320 million (260 million EUR) Holyport Studios, which promises to be one of the largest production facilities in the country, has hit a roadblock after local councillors in Berkshire rejected the plan earlier this year, citing concerns over the […]

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Mexico is fast becoming a top destination for global film and television productions, attracting filmmakers with its vibrant culture, diverse landscapes, and cost-effective production resources. With a growing reputation as a competitive production hub, Mexico offers a dynamic blend of talent, locations, and affordability that continues to draw major projects to the region. Mexico already […]

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Hollywood continues to face significant production challenges, as reflected in the latest FilmLA report for Q3 2024. Shoot days in Los Angeles fell by 5% compared to the same period last year, marking the second-slowest summer on record, even below the strike-hit Q3 2023. Despite hopes for a recovery, the industry’s output remains well below […]

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Hungary has officially risen to the second most important film production center in Europe, right behind London. Thanks to its rapidly growing production infrastructure and attractive incentives, the country has become a preferred destination for major film and TV projects. In 2023 alone, film production spending in Hungary reached 835 million EUR ($880 million USD), […]

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As the Texas Senate Finance Committee gathered for a star-studded session on Thursday, the focus wasn’t on the usual legislative fare. This time, the big-ticket item was how to make Texas an even bigger player in the world of film and TV production, with heavy hitters like Dennis Quaid and Yellowstone creator Taylor Sheridan taking […]

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The Isle of Wight, a scenic island located off the southern coast of England, is set to enhance its growing reputation as a filming hub with the approval of Medina Studios. This state-of-the-art facility will feature four sound stages, two workshops, production offices, and parking for over 100 vehicles. Situated at Kingston Marine Park in […]

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The future of the multi-million dollar Marlow Film Studios is now in the hands of the UK government as they review Buckinghamshire Council’s decision to reject the plans. The initial rejection, made in June, was largely due to concerns over the use of green belt land, a common issue in developments of this scale. At […]

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The film and television industry in Greater Los Angeles is facing significant shifts, as highlighted by FilmLA’s latest Scripted Content Study. Production in L.A. has fallen nearly 20%, driven by dual labor strikes and broader changes in the entertainment landscape. As FilmLA’s report notes, 2023 saw a 19.7% decline, with only 183 projects compared to […]

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