You are viewing the archive: “California Production Tax Incentives”

California Assembly Panel OKs Production Tax Credit Extension

By THE DEADLINE TEAM | Wednesday August 8, 2012 @ 11:27pm PDTTags: California Production Tax Incentives

The California state Assembly Appropriations Committee has unanimously approved a bill extending the state’s film and television tax credit program for an additional two years, the LA Times reports. The current extension of the program that allocates $100 million yearly in credits expires next year. Industry proponents had hoped for a longer extension but lawmakers were skittish because of the state’s fiscal situation. The bill now heads to the full Assembly for a vote likely next week. The state Senate is expected to consider its version of the measure later this month.

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Warner Bros Spends Big In LA County, Studio Study Reveals

By DOMINIC PATTEN | Tuesday July 31, 2012 @ 11:15am PDTTags: California Production Tax Incentives, Warner Bros

Warner Bros Studio Spending BurbankLooks like Warner Bros is very good for business — if you are in LA County. According to figures released by the studio, Warner Bros spent $4.08 billion in the region in 2010. The money, first reported by the LA Times, broke down to $2.4 billion on pay to LA County citizens and $1.58 billion on goods and services. Broken down to specifics: It spent $18 million locally on adverting material; $3.4 million on building supplies; $2.4 million on catering and other food; and, getting back in production directly, $142.5 million on editing and postproduction services. Overall, Warner Bros spent $550 million in Burbank alone. The 2010 total is up from the $3.93 billion Warner Bros spent locally in 2006 and the $3.16 billion in 1999. Read More »

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Comic-Con: MTV Renews ‘Teen Wolf’ For Third Season

By DOMINIC PATTEN | Thursday July 12, 2012 @ 3:23pm PDTTags: California Production Tax Incentives, Comic-Con, MTV, Teen Wolf

Teen Wolf Season 3MTV is bringing back Teen Wolf for a third season, it was announced today at Comic-Con. The show’s star Tyler Posey first teased fans that the show hadn’t been picked up to … Read More »

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TV Production Takes Another Big Hit Says FilmL.A.

By DOMINIC PATTEN | Tuesday July 3, 2012 @ 4:26pm PDTTags: California Production Tax Incentives, Film Production, FilmL.A.

California’s lack of strong tax incentives is killing TV production in Los Angeles said FilmL.A. today. “For many years, we’ve relied on Television to backfill the hole left by the flight of feature film production … Read More »

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California TV/Film Tax Credit Lottery June 1

By THE DEADLINE TEAM | Tuesday May 8, 2012 @ 1:40am PDTTags: California Film Commission, California Production Tax Incentives, tax credits

UPDATED: The California Film Commission will hold a lottery on June 1st to select which qualified movie and TV production projects will receive the next $100M allocation of tax credits awarded under the state’s production incentive … Read More »

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California Film Tax Credit Extension Signed

By THE DEADLINE TEAM | Monday October 10, 2011 @ 9:00am PDTTags: California Film & Television Tax Credit Program, California Production Tax Incentives, Jerry Brown

Gov. Jerry Brown signed a bill late last night that adds one year to the California Film & Television Tax Credit Program. Assembly Bill 1069 had been pared down from its original language that sought a five-year extension. … Read More »

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California OKs Only One-Year Extension Of Film-TV Tax Credits

By NIKKI FINKE, Editor in Chief | Saturday September 10, 2011 @ 3:15pm PDTTags: California Production Tax Incentives, Jerry Brown

Passing legislation in the California Legislature is always tedious what with all-night marathon sessions and hundreds of bills in a rush to pass before lawmakers adjourn for the year. So it was semi-miraculous that the tax breaks for California film and TV production received the … Read More »

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California State Assembly Votes To Extend Film Tax Credit To 2014

By THE DEADLINE TEAM | Tuesday May 31, 2011 @ 3:41pm PDTTags: California, California Film Commission, California Production Tax Incentives

California’s film and television tax credits would be extended five more years if the State Assembly has its way, after a bill that would add an extra $500 million to the program was approved today by a 72-1 vote. The … Read More »

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Unemployed ‘Ugly Betty’ Crew Blame Schwarzenegger For Show’s NY Move

By NIKKI FINKE, Editor in Chief | Wednesday May 7, 2008 @ 11:43pm PDTTags: Arnold Schwarzenegger, California Production Tax Incentives, Hollywood, Los Angeles, Networks, TV, Ugly Betty

It’s always been repugnant to me that, despite his years in Hollywood, Governator Arnold Schwarzenegger has done less than zero to stop runaway production or enact incentives to lure TV shows and films back to California and even Los Angeles. … Read More »

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