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Hollywood Production

All articles tagged with #hollywood production

business-and-policy22 days ago•5 min saved

Bipartisan Lawmakers Introduce 20% Federal Film Tax Credit to Counter Global Incentives

A bipartisan group of U.S. lawmakers introduced the Motion Picture, Television and Entertainment Revitalization Act on September 24, 2026, proposing a 20% federal tax credit for film and TV production labor. The bill, which includes potential bonuses up to 30% for specific conditions, aims to reverse the exodus of production jobs to countries with more generous incentives. Supported by President Trump, major unions, and industry groups, the legislation seeks to make the U.S. competitive globally, with passage targeted for the lame-duck session after the November midterms.

via latimes.com|

#bipartisan-legislation #business-and-policy #federal-film-tax-credit

business-and-policy23 days ago•14 min saved

Bipartisan Lawmakers Introduce Federal Film Incentive to Counter Global Subsidies

A bipartisan group of U.S. lawmakers introduced legislation on September 24, 2026, to establish a 20% federal tax credit for film and television production. The bill, titled the Motion Picture, Television, and Entertainment Revitalization Act, aims to reverse the exodus of production jobs to countries with more generous subsidies. The credit applies to labor costs and can increase to 30% with bonuses for rural areas or disaster zones. It is designed to stack with existing state incentives, potentially making U.S. locations the most competitive globally. The proposal follows a two-year effort by industry unions and the Motion Picture Association, gaining momentum after President Trump endorsed the measure in August 2026. Proponents argue it will create 143,500 jobs and double the industry’s value by 2032, while critics question the cost and necessity of federal subsidies for Hollywood.

via Variety|

#bipartisan-legislation #business-and-policy #federal-film-incentive

business1 month ago•10 min saved

Canada’s Actors Union Demands Higher Tax Credits as U.S. Pushes Federal Incentive

Canadian actor union ACTRA is urging Ottawa and Ontario to raise film tax credits in response to President Trump’s push for a federal U.S. incentive. While the U.S. aims to lure production back with a 20% credit, Canada fears losing its role as a major filming location without matching subsidies.

via The Hollywood Reporter|

#actra #business #federal-legislation

politics-and-media1 month ago•11 min saved

Trump Urges Congress to Pass Federal Film Tax Credit to Halt Production Exodus

President Donald Trump has publicly endorsed a federal tax incentive for film and television production, urging Congress to pass legislation immediately to retain jobs and production in the United States. The push, driven by a coalition led by actor Jon Voight and producers Steven Paul and Scott Karol, cites the loss of thousands of jobs to countries with competitive incentives. While unions like SAG-AFTRA and IATSE have expressed support, critics note the lack of concrete legislative details and question the sincerity of the bipartisan effort.

via Variety|

#bipartisan-legislation #federal-film-tax-credit #hollywood-production

television8 months ago•21 min saved

Dark Winds Season 4 Heads to Hollywood to Honor Redford and Elevate Navajo Talent

Dark Winds Season 4 moves production from New Mexico to Los Angeles, with Albuquerque doubling as L.A., in a season framed as a tribute to Robert Redford and a continued push to elevate Indigenous voices; the show emphasizes Navajo culture through consultants and IAIA internships, while Zahn McClarnon, Jessica Matten and Kiowa Gordon describe a darker, more action-packed arc as Leaphorn and Chee pursue a missing boarding-school teen, ending the premiere with a Redford dedication.

via Variety|

#dark-winds #hollywood-production #indigenous-led

business3 years ago•2 min saved

Hollywood Actors Strike Reaches 100 Days, Uncertainty Looms

As the SAG-AFTRA strike surpasses 100 days, small businesses like Faux Library Studio Props in Los Angeles are struggling to stay afloat. The owner, Marc Meyer, fears his business may not survive much longer if striking actors and studios don't reach an agreement soon. With Hollywood production at a standstill, Meyer had to lay off most of his employees and is facing financial hardship. The strike's economic impact has exceeded $5 billion, affecting supporting businesses. Negotiations between the Actors Union and the Alliance of Motion Picture and Television Producers are set to resume on Tuesday. To support Meyer's prop store, a GoFundMe campaign has been launched.

via KTLA Los Angeles|

#business #economic-impact #hollywood-production