Competitive tax incentives are proving to be a powerful driver of film production, and the Basque Country in Spain is the latest region to reputably step into this arena. Already recognized for its attractive financial perks, the region of Bizkaia has now upped the ante, offering some of the most competitive tax breaks in Spain […]
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The fate of Holyport Studios, one of the biggest soundstage project in the UK is set to be debated over ten days in November. The local government has refused to grant planning permission citing its impact on the local community and infrastructure. The studio site is located in the village of Holyport, about 50 miles […]
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Albuquerque, New Mexico city councilors have unanimously greenlit a $1 million funding package for the highly anticipated Mesa Film Studios Project. This ambitious venture will transform 56 acres of land near Double Eagle II Airport into a state-of-the-art production hub, featuring six brand-new sound stages totaling 121,500 square feet, a backlot, production office space, and […]
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New York Gov. Kathy Hochul spoke at the Paley Center for Media in Manhattan September 12 and shared plans to increase the state’s role in TV and film production, and artificial intelligence. She touched on expanding the state’s “very generous” production tax credits “so we don’t lose business to New Jersey, to Georgia, to Toronto, to London.” […]
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Two major television productions in Miami can attest to the success of increased film incentives spearheaded by Sen. René García earlier this year. Commissioner García’s “High Impact Film Fund Program” is a performance-based rebate grant for feature-length films, made-for-TV/streaming movies, or TV/streaming series projects “with a high return on investment to Miami-Dade County.” “The enhanced […]
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It seems “Suits: L.A.” had 12 million reasons to make the jump from Vancouver to the actual City of Angels. On Tuesday, the California Film Commission (CFC) announced the 19 new projects that will benefit from a collective $51.6 million in tax credits, enticing productions to set up shop in the Golden State. Among them, […]
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Eastern Canada’s film and television industry is ready to roar back to life, fueled by the arrival of Amazon MGM Studios at Pinewood Toronto. In January 2024, the streaming giant secured a major deal, leasing five new soundstages and office space at the iconic studio, spanning 160,000 square feet. It’s a clear signal: The province […]
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Over the last five years, New Jersey has become a top destination for film, television and, most recently, reality program production. The state’s Film and Digital Media Tax Credit Program launched in late 2018 under the leadership of Gov. Phil Murphy after being indefinitely suspended in 2010. Initially, under Murphy’s tax credit initiative, the annual cap […]
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Australia’s screen industry agency Ausfilm says “production is booming” across the country, partly due to new tax incentives for local productions that were introduced two months ago. With eight major TV series and films either completed, in production or post-production this year, streamers and studios are taking advantage of the 30 per cent “location offset”, […]
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LAS VEGAS – Sony Pictures Entertainment is “shovel-ready” to break ground on a new studio in the Summerlin area while Warner Brothers is planning to come to the southwest part of the valley. All they are waiting on is for lawmakers to pass a new film tax credits bill into law. A film tax credit bill died in 2023. […]
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