A document 51 movies taking pictures within the Golden State will obtain a authorities incentive within the newest spherical of the state’s movie and tv tax credit score program, in keeping with the California Movie Fee.
The overall, which incorporates 46 indie movies, is the best variety of tasks ever awarded in a single utility window, the fee stated in a press release Wednesday.
Collectively, they’re anticipated to make use of greater than 6,400 individuals and generate practically $580 million in financial advantages. They’re additionally set to pay greater than $346 million in wages, the fee stated.
Among the awarded movies embrace a yet-untitled drag queen characteristic from producer RuPaul Charles and an untitled mission from Oscar-winning filmmakers Daniel Kwan and Daniel Scheinert, also referred to as Daniels, and producer Jonathan Wang of 2022’s “Everything Everywhere All at Once.” That mission is predicted to obtain nearly $21 million in tax credit and generate wages of practically $62 million.
As different states and international locations have bolstered their movie and TV tax credit score applications, productions have more and more left California, squeezing alternatives for employees nonetheless within the state.
Final month, state legislators proposed a pair of payments that may make modifications to the state’s tax incentive program, although particulars are nonetheless being labored out by stakeholders.
