Film and TV Tax Credits
Another Sobering Snapshot of Hollywood’s Production Decline
A Luminate report finds the total number of TV episodes produced in 2024 fell by nearly 5,000 compared to just two years earlier as streaming and broadcast networks curb spending.
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Film and TV Production In L.A. Was Already Plummeting. Wildfires May Hasten the Exodus
Devastating blazes have scattered thousands of crewmembers, raising fears of a quickened migration of projects away from California.
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Sylvester Stallone, Mel Gibson and Jon Voight Named Hollywood’s “Special Ambassadors” by Trump
In his post, the president-elect refers to Hollywood, California as a "very troubled place" due to runaway production.
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Los Angeles Film and TV Production Finishes 2024 At Historically Low Levels
Despite an overall uptick in shooting last quarter, filming for films and TV shows in L.A. logged the second lowest number of shoot days observed by FilmLA last year.
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Warner Bros.’ Big Spending Plans for a Nevada Studio Lot Complex Take Step Back
The studio confirms it is no longer working with Birtcher Development on the 34-acre site that would feature film and television soundstages and an $8.5 billion production spend.
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German Industry Gets Early Xmas Present as New Film Subsidy Law Comes in Under the Wire
German politicians approved a new film funding law just in time, avoiding a shutdown in the industry, but the legislation is less progressive than many had hoped.
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British Columbia Boosts Film Tax Credit as Battle for Hollywood Projects Grows
The tax rebate for foreign projects shot locally will jump from to 36 percent and follows California's Governor promising to double tax credits to keep Los Angeles producers at home.
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Hollywood’s Double Strikes Hit Film, TV Production in Canada Hard
The latest data from local indie producers points to budget expenditures by major studios and streamers plunging 26 percent in 2023-24, back to pre-pandemic levels.
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As Movies and Shows Leave California, New Coalition Forms to Keep Production In State
The group, comprised of 33 businesses and organizations, is looking to push the narrative that voters in the state also care about keeping the motion picture industry filming in Hollywood.
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‘Bad Monkey’ Nabs $20M In California Tax Credits to Relocate from Florida
As productions increasingly opt to shoot outside of California, Gov. Gavin Newsom has proposed vastly increasing the cap on tax credits for film and TV shows.
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One Big Way Trump Tariffs May Upend Hollywood Production
A threat of a 25 percent tariff on Canadian and Mexican exports is likely to depress the value of the Canadian dollar even further, making it even cheaper to shoot up north — and sticking it to Gavin Newsom's plan to staunch a California production exodus.
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Gavin Newsom’s Plan to Boost Hollywood Isn’t Enough. Here’s What Could Help (Guest Column)
The Governor's proposal to double the state's tax incentive program to $750 million is neither competitive nor comprehensive enough to discourage projects from relocating. And it ignores unscripted television right now.
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