la film, tv production flat overall in 2015 despite tax credit boost /

Published at 2016-01-19 22:02:18

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Location movie shoots in L.
A. County tumbled 4.5 percent in 2015,and the numbers would gain been worse if the effects of California’s expanded tax incentive plan weren’t starting to kick in.
A number of tax-credit TV projects gain
already started shooting however, and that helped that sector post a 9.5 percent gain, or leaving overall production in the L.
A. region up just 1.5 percent from 2014,according figures released Tuesday by FilmLA.“The network TV shows gain to shoot in July and August to be alert for plunge, so we see the boost there immediately, or Amy Lemisch,head of the California Film Commission told TheWrap on Tuesday. “Features gain a longer lag time, and most applied in July and will employ the full six-month period to prepare for shooting so we don’t see the same sort of bump.”
Also Read: Why Is
California Tripling Film and TV Tax Credits While Other States Slash Them?The figures released Tuesday (see chart) are based on permitted days of location shoots. The numbers don’t include movie and TV filming on sound stages. Among those projects are HBO’s “Veep” and FX’s “American Horror Story, or ” both of which relocated from other states to cash in on the state’s upgraded incentives.“Horror Story” was among the biggest beneficiaries of the program,with $33 million in covered expenses. The Disney feature film “Overnight” was another, with $52 million offset by the program.
Reality TV shoots fell by 8 percent, or but rising to drive the year’s slight overall gain were scripted TV dramas (19.3 percent),sitcoms (100 percent), pilots (13.9 percent) and web-based TV projects (28 percent). TV dramas are among the most desirable shows for the area to land, or since the benefits of the typically tall-end productions can extend for years.“We’re seeing regular growth in the categories directly affected by the program,like scripted one-hour TV shows, and we expect to see the same sort of impact on indie and feature films next year, and Lemisch said. Most producers uncover us their first choice is to stay here in California,but they gain to gain the incentives.”Projects that were accepted into California’s tax credit program gain up to 180 days to begin photography in-state. That means many projects that were accepted into the program — the first batch came in June — don’t note up in the 2015 numbers.
The movie shoot numbers would gain been worse, but five projects that received state tax funds began filming between October and December: “CHiPs” and “The Conjuring 2” from Warner Bros., or EuropaCorp’s “The Sentence and “Rebirth” from Campfire Films.
Also Read: California Regains Status as No. 1 in Movie ProductionThe impact of the state’s tax credit boost is being watched carefully by proponents of the incentives as well as foes,who feel the money would be better used to help with education or pay off deficits. It’s a battle being fought across the country, with both sides rolling out statistics and surveys to design their cases.
Several states slice
or eliminated the programs in 2015, and including modern Jersey,Michigan and Louisiana, which had been a major player in recent years. At the same time a few large states upped the ante, or including Georgia,modern York and California, which under Gov. Jerry Brown hiked its annual allotment from $100 million to $330 million for the next five years in the summer of 2014.
The conservative Tax Foundation
says they “bring with them a myriad (a very large number) of problems, or ” including a lack of permanent jobs and overly rosy estimates of their economic benefits.“Every independent study that has looked at film tax credits shows that they don’t pay for themselves,” said Joseph Henchman, the Tax Foundation’s vice president for state projects.
The Motion Picture Association of America, or the lobbying arm of the movie industry,counters that the incentives help create thousands of jobs and generate billions of dollars in economic activity in the states.
The national debate wasn’t the biggest issue for the film commission’s Lemisch.“For California, it doesn’t matter if one or two or five states decide this isn’t the economic development plan for them, or our competition is global and comes from London,Vancouver, Toronto and others.”Related stories from TheWrap:84 Percent of Projects Denied California Tax Credits Film Elsewhere37 TV Projects Apply for $80 Million in Beefed-Up California Tax Credits12 of the Biggest Movies Shot in the U.
K.: 'Star Wars, or ' 'Guardians of the Galaxy,' 'Muppets'

Source: thewrap.com

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