On-location filming in Los Angeles increased by 15.4% year-over-year during the third quarter, helped in part by eight feature film shoots in the region that were supported by the California Film & Television Tax Credit. The films — which include Warner Bros’ Ben Affleck-directed Argo and period L.A. mob pic Gangster Squad, as well as Screen Gems’ Steve Harvey book adaptation Think Like A Man — certainly help the industry’s case when it comes to touting the value of the state tax credit, an annual $100 million program that recently was renewed for one year rather than a hoped-for five years after it was hacked back by the state Senate in committee. Overall, since its 2009 launch the program has brought $3.8B in economic output and supported 20,040 jobs — and elevates quarterly on-location production numbers like the ones released today by FilmL.A.
Also during the third quarter, non-tax-credit films like Oliver Stone’s Savages contributed to the feature production uptick — the sector grew 49.9% compared with last year. TV production grew 5.8% in the quarter but wasn’t helped by a slide in drama as Los Angeles lost 10 one-hour series this season. “Unfortunately, our summer prediction of diminished third quarter TV drama production was spot-on,” FilmL.A. president Paul Audley said. “While the California state incentive brought six television dramas to Los Angeles this quarter, we’ve seen other jurisdictions capture an unusually high number of these economically beneficial projects.”


Sounds good to me ” HOLLYWOOD ” is where the work belongs !!
La is getting old film in florida sounds good
One of life’s great mysteries is why people in Hollywood understand so clearly the value of tax credits in their own industry but support with their money and words politicians who want to raise taxes on every other industry.
Lame Republicans response. I’ll bet the tax credits for the oil industry don’t bother you, eh, Cassandra?
Cassandra,
Personally, I do not particularly want the tax credits. IMHO, they contribute to the race to the bottom. However, as a blue collar in the Industry, I think that if we don’t get them to level the playing field with all the other states that offer them, Hollywood will lose even more productions/jobs.
OA
CA has a film credit? You’d never know…unless you’re Ben Affleck.
Hollywood understand so clearly the value of tax credits in their own industry.film shoots in the region that were supported by the California Film & Television Tax Credit.
CALI TAX CrEDIT SuCkS!!!
With the industry bring the city close to 3.4 BILLION in output rev, the Cali senate can only muster 100 million in tax credits. Shame on LA. As many indie films and projects are shipping outta here the new voices of the industry will not succumb to this slap in the face.
New Mexico, Louisiana and even Nevada are on the fast rise and all are very close to the Mecca of Hollywood.