tldrdailynews.com logo

California Invests $342 Million in Film Tax Credits to Boost Big-Budget Productions

1 min read
Source: The Hollywood Reporter
TL;DR

California has announced a $334 million film incentive program, supporting 52 movies including Michael Mann's 'Heat 2' and a 'Jumanji' sequel, with a significant increase in applications and funding to boost local production and economic activity.

Topics:top-newsbusiness#business#california-film-incentives#film-production#heat-2#jumanji-sequel#tax-credits
Share this article
  1. Michael Mann’s ‘Heat 2’ Nabs $37 Million, ‘Jumanji’ Sequel Gets $44 Million In California Tax Credits  The Hollywood Reporter
  2. 'Heat 2' To Film In Los Angeles Thanks To Big California Tax Credits  Deadline
  3. California Pumps $342 Million Into 52 Films, Including ‘Jumanji’ and ‘Heat 2,’ in Bid to Jumpstart Big-Budget Production  Variety
  4. New ‘Jumanji’ movie among 52 films awarded California film tax credits  Los Angeles Times
  5. Governor Newsom announces tax credit awards for new job-creating films shooting in California and generating $1.4 billion for the state’s economy  California State Portal | CA.gov

Want the full story? Read the original reporting

Read on The Hollywood Reporter