News

California tax credits double film projects

The number of feature films which received tax subsidies in California has nearly doubled in the last year, with an estimated $1.1bn being spent in the US state. According to a recent report released by the California Film Commission (CFC), a total of 45 feature films were produced from July 2013 to June 2014, compared to 26 the previous year. The state spent $155m on tax subsidiaries on a total of 71 projects, comprising 45 feature films, 13 TV movies and 13 TV series. The increase in projects being filmed also meant a rise employment, with 7,500 crew members hired compared 5,100 the previous year.

Previous ArticleNext Article

Leave a Reply

Your email address will not be published. Required fields are marked *