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Hollywood Jobs

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Bipartisan Bill Seeks 30% Federal Film Credit to Halt Production Exodus
business20 days ago

Bipartisan Bill Seeks 30% Federal Film Credit to Halt Production Exodus

A bipartisan group of lawmakers introduced the Motion Picture, Television, and Entertainment Revitalization Act (MPTERA) on September 24, 2026, proposing a 20% federal tax credit for film and TV production, potentially reaching 30% with bonuses. The legislation aims to reverse the loss of over 50,000 jobs in Los Angeles and compete with international subsidies. While industry leaders view the move as a critical step to restore U.S. production dominance, concerns remain regarding potential cost inflation and the timeline for implementation, which is not expected to take effect until 2027.

via Deadline|
#business#federal-film-incentive#hollywood-jobs
Bipartisan Lawmakers Introduce 20% Federal Film Tax Credit to Combat Global Subsidies
politics22 days ago

Bipartisan Lawmakers Introduce 20% Federal Film Tax Credit to Combat Global Subsidies

A bipartisan group of U.S. lawmakers introduced the Motion Picture, Television, and Entertainment Revitalization Act (MPTERA) on September 24, 2026, proposing a 20% federal tax credit for film and TV production. The bill aims to reverse the exodus of production jobs to countries with more generous subsidies by offering a base credit on labor costs, with potential bonuses up to 30% for productions in rural areas, disaster zones, or those spanning multiple states. The credit is transferable and can stack with existing state incentives, though it excludes news, live sports, and non-labor expenses. Proponents, including industry unions and the Motion Picture Association, argue the measure is essential for retaining jobs and competing globally, while critics question the cost and necessity of federal subsidies. Passage is targeted for the lame duck session before year-end, with momentum boosted by President Trump's recent endorsement.

via Deadline|
#bipartisan-legislation#federal-film-incentive#hollywood-jobs
Newsom Signs Historic Post-Production Tax Credit to Combat Hollywood Job Loss
entertainment-industry26 days ago

Newsom Signs Historic Post-Production Tax Credit to Combat Hollywood Job Loss

California Governor Gavin Newsom signed Assembly Bill 2319 and Senate Bill 186 to bolster the state’s film industry. AB 2319 creates a new $10 million annual tax credit for post-production work, such as editing and visual effects, even for films shot outside California. SB 186 strengthens existing incentives by exempting independent productions from corporate credit caps and accelerating refund timelines. These measures aim to retain jobs and compete with other states and countries offering similar incentives.

via A.V. Club|
#ab-2319#california-tax-credits#entertainment-industry
Kahn Warns of Hollywood Collapse if Paramount-WBD Leaves L.A., While Coalition Demands No Concessions
media-and-entertainment1 month ago

Kahn Warns of Hollywood Collapse if Paramount-WBD Leaves L.A., While Coalition Demands No Concessions

Joseph Kahn argues that a Paramount-Warner Bros. Discovery merger could trigger a mass exodus of studios from Los Angeles, devastating the local economy despite benefiting the merged entity. Conversely, the Block the Merger Coalition is intensifying its campaign to prevent the deal, warning that consolidation will lead to massive layoffs and reduced programming.

via The Hollywood Reporter|
#antitrust-litigation#david-ellison#hollywood-jobs
Hollywood Unions Back Trump’s Federal Film Credit Plan
us-politics1 month ago

Hollywood Unions Back Trump’s Federal Film Credit Plan

President Trump has publicly endorsed a federal film tax credit to lure production back to the US, a move praised by SAG-AFTRA president Sean Astin and supported by major unions. The initiative aims to counter overseas incentives in countries like Canada and Australia, though the federal government has never previously offered such a nationwide incentive.

via independent.co.uk|
#california#federal-film-tax-credit#hollywood-jobs
Lawmakers Seek Job Protections in Warner Bros. Sale to Netflix/Paramount Skydance
politics8 months ago

Lawmakers Seek Job Protections in Warner Bros. Sale to Netflix/Paramount Skydance

Sen. Adam Schiff and Rep. Laura Friedman press Netflix and Paramount Skydance to publicly commit to protecting and growing U.S. film/TV jobs (especially in Los Angeles) if they acquire Warner Bros., citing a downturn in domestic production and the need to counter cost-cutting in potential mergers. The letter also asks for continued union labor use and AI practices that don’t displace workers, and signals support for a bipartisan federal film incentive to bolster U.S. production.

via Variety|
#film-incentive#hollywood-jobs#netflix