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Category: TAX INCENTIVE NEWS

The north-east of England’s film and television industry is undergoing a renaissance. The area has provided the backdrop for several TV shows and Hollywood films in recent years, as new studios have sprung up with more in the planning. Behind the glitz, the plan is to nurture new generations of homegrown talent and attract big […]

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Lights, camera, action: the Lone Star State is ready for its star turn. This year, the Texas Legislature drastically increased the budget for its film incentives program from $45 million to $200 million. While that’s far less than competitors like Georgia, which extended $1.3 billion in tax breaks to productions this year, it’s a shot in the […]

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Pinewood, Warner Bros Discovery (WBD), and Sky have sounded the alarm over a so-called UK film “studio tax” that they argue could torpedo Britain’s status as a rival to Hollywood. The companies raised concerns about “extreme” business rate hikes for sound stage facilities, arguing that the UK’s competitiveness and the development of new studios could “collapse” unless the government […]

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Hungary’s historical NFI Studios are expanding in order to meet the growing demand from international film and TV producers to shoot in the central European country.  Backed by the National Film Institute (NFI), the studio’s capacity is increasing to 136,000 square feet, serving both international and domestic productions, while creating hundreds of new jobs. Four […]

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The Georgia film and TV tax credit creates 34,354 jobs per year, according to a new state audit of the program — about half the figure reported by an industry-funded study last month. The audit also concluded that the credit — which increased to a record $1.3 billion last year — returns just 19 cents to state coffers for […]

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Film tax incentives may be coming back to Michigan. A group of state lawmakers have introduced the Multimedia Jobs Act, which would bring back Michigan’s pre-crash film tax incentives. This sudden reverse-course highlights how the entertainment industry is rapidly expanding outside of its traditional hubs of New York and Los Angeles. Michigan previously offered rebates […]

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The Georgia film and TV tax credit creates 34,354 jobs per year, according to a new state audit of the program — about half the figure reported by an industry-funded study last month. The audit also concluded that the credit — which increased to a record $1.3 billion last year — returns just 19 cents to state coffers for […]

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50 Cent’s G-Unit Film and Television Inc. has a new home. This week, 50 gave fans a look at the production company’s facilities in the Shreveport, Louisiana area. 50’s company has been behind a number of hit projects in recent years, namely the Power franchise. Per a report from local outlet KLAS News 12, the new G-Unit headquarters became official with a […]

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The Los Angeles City Council is so over the Hollywood strikes. Its members have voted unanimously to expedite entertainment projects in L.A. Council President Paul Krekorian and several of his colleagues introduced the motion last month, and it was approved on a 14-0 vote, with Councilman Marqueece Harris-Dawson absent. The council told various departments to identify any […]

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50 Cent still has a handful of shows left on the Final Lap Tour, but he’s already making major moves in the television and film space for when we gets off the road. On Tuesday, KSLA News reported that city council members in Shreveport, Louisiana have introduced a legislation allowing the Hip Hop mogul to lease Millennium Movie […]

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