Netflix has secured a $20 million tax credit from the state of California for an untitled feature film, topping the latest round of allocations from the state’s competitive film and television tax incentive program. The California Film Commission announced Monday that it will award $94 million across 48 projects, including five studio films and 43 […]
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Texas has made its boldest move yet to reclaim its cinematic legacy—doubling down on its production incentive program with a historic funding boost aimed at luring back filmmakers and deterring the growing pull of neighboring rivals like New Mexico and Georgia. On Sunday, Governor Greg Abbott allowed SB 22 to become law, increasing the state’s […]
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As lawmakers weigh a $750 million expansion to California’s tax credit program, insiders argue the clock is running out on the state’s production future. On June 11, a cross-section of Hollywood creatives and below-the-line workers descended on Sacramento not for a red carpet, but for a high-stakes lobbying effort aimed at preserving California’s role […]
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At a time when U.S. production incentives remain fractured and fragile, Netflix’s Greg Peters is pointing across the Atlantic for inspiration. Speaking at the Wall Street Journal’s CEO Council event in London, the Netflix co-CEO praised the UK’s production ecosystem as the model the U.S. should aspire to—citing the country’s combination of strong tax incentives, […]
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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, […]
Read MoreIn 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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Monday, May 26 – The Texas House voted 114-26 today to approve Senate Bill 22, which dramatically expands the state’s film incentive program with a long-term funding mechanism — one that could reach up to $2.5 billion over the next decade. While the bill sets a ceiling of $500 million every two years, lawmakers expect […]
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