from: Stop-Runaway-Production.com — North Carolina Issues $58 Million in Film Tax Credits in 4yrs, Refunds $44 Million as CA$H Mark Binker, a journalist at North Carolina’s WRAL.com, did a fantastic bit of reporting this week about North Carolina’s film incentive. North Carolina offers a refundable tax credit of 25% on qualified spending and a $20 million...
Learn More
from: FilmWorksLA.com — The California film and television industry has seen some discouraging news in recent years. The number of big-budget feature film projects produced each year in North America is in decline. At the same time, the majority of such films made each year are filmed outside California because of out-of-state tax incentives. Given all of the...
Learn More
from: FilmWorksLA.com — Proposed U.K. Tax Incentive for Animation and Video Game Industries: Designed to Cause Runaway Production from US or Protect British Cultural Content? The following video from a recent session of England’s Parliament is, pardon our pun, rather animated: According to an article in The Guardian, both the animation and video games industry...
Learn More
from: FilmWorksLA.com — One of the common misconceptions about runaway production concerns the underlying economic conditions that cause it. Some people argue California’s high tax rate is to blame, and runaway productions are going to states that offer lower overall taxes. This is not correct. Lower taxes seem to have little to do with runaway production. ...
Learn More
from: Stop-Runaway-Production.com — Variety was the first to break the news about the new proposals coming out for the member nations of the European Commission. First, some context… The current race to the bottom in the film incentive war playing out among US states (and Canada) has proven very costly for the state and national governments who have been...
Learn More
from: FilmLA eNews — Have you ever wondered what happens to the waste produced by on-location film productions? We have – and we’ll give you a hint: it rarely finds its way into a landfill. The topic of on-location waste may not seem very alluring, but what productions do with the waste they produce has lately become an issue in the City of Los Angeles. The fact...
Learn More
