Category: TAX INCENTIVE NEWS

GUM Studios, the Brooklyn facility once known for hosting fashion campaigns, indie films and television productions, has filed for bankruptcy, marking a significant moment in the ongoing shakeout of New York’s studio market. A federal court has terminated the company’s leases and confirmed it no longer has legal rights to remain in its spaces, with […]

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Canada’s ‘Hollywood North’ Expands With Massive New Studio Complex in Vancouver Suburb Just outside downtown Vancouver, in the city of Burnaby, a sprawling new film and television production facility is quietly coming online—one that underscores how aggressively Canada continues to position itself as a top-tier alternative to Los Angeles. Lake City Studios, a 1.3 million-square-foot […]

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A cornerstone of New York’s production ecosystem is now at the center of a growing financial storm. Deutsche Bank has filed a $340 million pre-foreclosure action in New York State Supreme Court tied to Kaufman Astoria Studios, alleging a maturity default after the loan came due on November 19, 2025. The filing marks a significant […]

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Perth Film Studios Opens With First Major Series as Western Australia Stakes Its Claim in Global Production Race Australia’s newest purpose-built studio complex is officially open — and it’s wasting no time stepping into the global spotlight. Perth Film Studios will host its first major production with Two Birds, a six-part mystery thriller backed by […]

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As production levels remain uneven across the United States, Illinois is quietly gaining ground. The state posted a record $703 million in film and television production spending in 2025, marking a significant rebound from pre-pandemic levels and positioning the Prairie State as one of the few domestic markets currently expanding while others contract. The figure […]

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California is doubling down on its effort to retain television production, awarding $296 million in tax credits to 16 projects while widening eligibility to include animated and competition programming for the first time. Among the most notable recipients is Season 3 of HBO Max’s The Pitt, which will receive $24.2 million in subsidies — a […]

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Netflix is beginning to staff up for its massive East Coast studio complex at Fort Monmouth, a sign that one of the most ambitious production developments on the Eastern Seaboard is inching closer to reality. The streaming giant has quietly posted its first two job listings tied to the nearly $1 billion redevelopment of the former U.S. […]

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For years, filmmakers have known a not-so-secret truth: Florida offers a cinematic backdrop unlike anywhere else. From the turquoise waters and swaying palms of the Keys to the lush, untamed beauty of the Everglades and the Art Deco glamour of Miami, the Sunshine State boasts a unique tapestry of locations that simply can’t be replicated […]

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At a moment when production levels remain uneven across Southern California, Cinespace Studios is making a statement: it’s still betting on Los Angeles. The Chicago-based global studio operator officially opened its first Los Angeles campus Monday, unveiling a purpose-built 180,000-square-foot facility in Woodland Hills that adds six new soundstages to the region’s inventory — and links […]

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How Taylor Sheridan and a $1.5 Billion Bet Are Turning Texas Into Production’s Next Power Player By the time oil money, college football players and camera cranes rolled onto the campus of Texas Christian University, the message was clear: Texas isn’t just playing backdrop anymore — it’s angling to become a production hub. With season […]

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