Paramount Secures $37M California Tax Credits Amid WB Discovery Showdown
TL;DR Summary
Paramount Television Studios and CBS Studios were awarded about $37.3 million in California film tax credits to shoot Viola Davis’s Ascent and a Clueless sequel in-state, making Paramount a top beneficiary in the latest incentive round which totals $145.5 million across nine productions. The credits come as Paramount battles California prosecutors over its bid to acquire Warner Bros. Discovery, highlighting California’s push to keep productions and jobs local in a competitive film-and-TV landscape.
Topics:entertainment#business#california-tax-credits#film-incentives#paramount-pictures#viola-davis-ascent#warner-bros-discovery
- Paramount Nabs $37 Million-Plus in California Tax Credits to Shoot In State Amid Battle With AG The Hollywood Reporter
- Nine shows, including ‘Clueless’ sequel, receive state tax credit latimes.com
- ‘Clueless’ Sequel and ‘Rockford Files’ Reboot Among TV Projects Awarded California Tax Credits Variety
- Golden State in the spotlight: Governor Newsom announces nine new TV projects – including iconic reboots, sequels, and star-studded dramas – to launch second year of California’s expanded tax credit program California State Portal | CA.gov
- 'Clueless' Series Among Latest California TV Tax Credit Recipients Deadline
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