Film and TV Tax Credits
How Much Los Angeles’ Film and TV Production Fell Amid Strikes
A clearer picture of the impact on production caused by the ongoing actors strike and the recently resolved writers strike is coming into focus, with filming in Los Angeles down by nearly half compared to the same period last year. The decline marks the seventh consecutive quarterly filming drop, which has been driven largely by […]
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Vancouver Film, TV Production Slipped to $3.4B in 2022 Amid Labor Action Against U.S. Producers
Surging Hollywood production levels in and around Vancouver took a hit last year in part due to local labor action against North American producers, and the current industry shutdown around the Writers Guild of America and the SAG-AFTRA strikes will lead to additional losses, according to the Vancouver Film Commission. Overall film and TV spending […]
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Cinespace Studios Bulks Up With Soundstage Buys, Including Where ‘Stranger Things’ Films
Cinespace Studios has acquired the soundstages and campuses belonging to EUE/Screen Gems Studios in Atlanta, Georgia and Wilmington, North Carolina. Terms of the deal for the studios, which includes soundstages on which much of the the production of Netflix’s Stranger Things drama takes place, were not disclosed. But the strategic acquisition is part of Cinespace’s […]
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Endemol Shine Sues eOne Over ‘Hell On Wheels’ Profit Participation
Ahead of an expected sale, Entertainment One is being sued for allegedly shortchanging Endemol Shine North America out of its share of profits for Hell on Wheels. The suit, filed in Los Angeles Superior Court on Wednesday, alleges that eOne failed to report millions of dollars in tax credits it received from producing the series […]
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Pinewood Group Acquires Full Ownership of Toronto Mega-Studio
Pinewood Group, which runs Pinewood Studios in the U.K., has acquired full ownership of Pinewood Toronto Studios. Terms of the deal were not disclosed, but the UK-based group has purchased a film and TV studio in Toronto that has its name on the marquee due to a sales and management deal with the facility’s former Canadian […]
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More Movies Shot In Canada Last Year, Offsetting Drop In TV Series Filming North of Border
Hollywood location shooting in Canada soared last year, encouraged by a low Canadian dollar and generous film tax breaks, local indie producers reported on Wednesday. The 27.3 percent year-on-year jump to CAN $6.71 billion (US$4.94 billion) for total foreign film and TV production activity north of the border came as American TV series like The […]
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Los Angeles Filming Days Decline Amid Studio Uncertainty Over Potential Writers Strike
Filming in Los Angeles continued to decline across most categories to start the year as Hollywood braces for a potential work stoppage. Particularly for TV shooting, local office FilmLA attributed the dropoff to the suspension of production decisions “pending the outcome of corporate restructuring actions and industry labor negotiations.” “Over three consecutive quarters, we’ve seen […]
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Amazon’s ‘Citadel’ Nabs $25M in California Tax Credits as It Relocates to State
Seven TV series — two relocating and five new — will receive $80.5 million in tax incentives for shooting in California, the state’s film office said Monday. Amazon, granted a total of $35.3 million in credits, led the way in this round of tax breaks as the only studio with more than one series on […]
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Desert Studios, An Arizona Production Complex, to Break Ground
As competition for Hollywood soundstage space heats up, a new production complex is moving forward in Arizona. The state’s backers behind Desert Studios say they are planning to break ground this year on the first phase of new full-service studio development project that will include 12 soundstages of 40,000 square feet each at a cost […]
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Singapore Launches $7.5M Film and TV Fund for International Productions
Singapore is boosting its support for international film and TV projects that highlight the city-state as a travel destination. The Singapore Tourism Board (STB) and Infocomm Media Development Authority (IMDA) on Wednesday unveiled a new joint $7.5 million fund ($10 million Singapore dollars) that will be accessible to international media and entertainment companies that produce […]
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Lionsgate Plans Atlanta Production Hub With $200M Film Studio
Lionsgate is set to launch a production hub in Atlanta as it looks to ramp up film and TV production. The company will become the anchor tenant in a $200 million film studio complex in Atlanta set over 40 acres of land and scheduled to open later this year, Lionsgate said April 4. The studio […]
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Top Production Pros Examine Potential Writers Strike, COVID-19 Safety Protocols at AFCI Brunch
From a potential writers strike to COVID-19 safety protocols on set, some of Hollywood’s top producers offered a peek on Wednesday at how they approach some of the industry’s most contentious issues. The insiders, typically tight-lipped on Hollywood dealings, discussed their thoughts on widespread industry concerns and trends at a brunch honoring the top physical […]
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