www.backstage.com: The tug of war between California and states with lucrative tax incentive programs—which are designed to lure productions away from Hollywood and into new territories—shows no signs of abating, with new players still emerging to challenge for a piece of the entertainment industry.
In the last few years, tax credit programs have been the favored tool for new production centers to grow and bring Hollywood to their hometowns. New York, for instance, has one of the richest incentive programs in the country, and Gov. Andrew Cuomo this week proposed extending the Empire State’s $420-million annual tax credit program for five more years in his new budget.
1 comment:
I think it is great that other areas are able to get business beside Hollywood for filming. Moving to other parts of the country and spreading the wealth. Well maybe it is a good thing. It will be very interesting to see how the future plays out and to see how all the tax credits play out over the entire nation.
On the issue of actors moving around. I have always felt that acting is a mobile career, that you go to where the work is or where the work takes you. Similar things can be said about my own career, and some of that actually I dislike. So who knows but times are changing and that is one of the few things I can count on.
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