Tag

California Film Industry

All articles tagged with #california film industry

business1 month ago•16 min saved

Simpsons Sequel Lands $21.9M California Subsidy Amid Animated-Feature Tax-Credit Expansion

California approved $21.9 million in film tax credits for The Simpsons Movie sequel as part of a broadened program that now includes animated features; the 38 subsidized projects total about $193.5 million in credits and are expected to generate roughly $800 million in economic activity across more than 1,000 shooting days and over 5,300 jobs, underscoring animation’s rising role in the state’s film incentives.

via hollywoodreporter.com|

#animation #business #california-film-industry

business1 year ago•4 min saved

California Film Tax Credit Expansion Sparks Industry Hope and Debate

Expanding California's film and TV tax credit to $750 million is projected to create approximately 4,400 to 5,500 direct jobs, which may help mitigate recent significant job losses in the industry, though it won't fully reverse the downturn. The expansion could also generate nearly 15,000 additional jobs when considering broader economic effects, but experts debate the true impact and causes of industry decline. The move aims to attract more productions and retain the existing workforce amid fierce competition from other states.

via Variety|

#business #california-film-industry #film-tax-credit