The legislature also raised the per-project cap from $8 million to $15 million.
Friday, November 07, 2014
Hawaii Film and TV Production Bounces Back With Incentives
The legislature also raised the per-project cap from $8 million to $15 million.
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So a little while back, on this blog, there was an article about how movie productions are being exported out of Los Angeles into different areas of the country and even Canada because it is significantly cheaper to film in other locations. This is one more example of how LA is going to begin loosing more and more business if they don't provide some sort of incentive that will make production companies want to shoot in California. The Hawaiian state legislature knows whats up and they have provided huge tax breaks for movie companies who want to shoot in Hawaii and the surrounding islands. California needs to follow in their footsteps if they want to keep and attract production companies.
Hawaii offers such a niche shooting environment, and as such continues to draw the attention of film makers and audiences alike. This is a really savvy maneuver the legislature has performed. By encouraging further productions to film in the locale, Hawaii is reaping the benefits of the built-in tourism plug. From what I understand, Pittsburgh also operates under this competitive-pricing model, often being tapped for its bustling city look without the cost or shenanigans of a New York shoot.
Filming being moved out of Hollywood is something I have been hearing and reading about more and more. It is good to see less-economically stable states finding ways to boost their economies. Because many of us just associate Hawaii with as being a vacation paradise, it is easy to be ignorant of the fact that it is among the lowest ranking states in terms of their economy. It seems like the tax incentives are a really wise decision for Hawaii. The unique environment of Hawaii can serve both as a pro an con in terms of desirability for shooting, but it appears the state is making a strong attempt to continue to increase their recent success.
Well, if you're going to play up to your biggest industry as a vacation spot, you might as well do it right. This is a really smart move. Movies bring movie crews, which brings people who need places to stay while they're on said movie crews. They bring in a huge amount of commerce because they contribute to Hawaii's economy while they're there, and then their movie shows Hawaii to the rest of the world, which then attracts more tourism and more people bringing contributions to Hawaii's economy. At the same time, I wonder what the point is when it gets to be too much of a good thing. While it brings people to the islands, I'm sure there's bound to be some sort of environmental damage after having movies come through the beautiful, unique locations so many times.
If a project shots in Hawaii they can get locations that look like tropics from other places in the world but still be in the US. Also it is smart they are giving tax breaks because they will get more and more production companies to want to film their projects in Hawaii. I think that it is vital that California follows suit or they will continue to loose projects and in turn loose many jobs.
Coming from detroit, I find this article extremely interesting, as Detroit chose to forgo tax credits and as a result the film industry left the city. I found this to be a terrible decision as this was an easy way for Detroit to get some extra money which was much, much needed.
Hawaii has the right idea. Why not make great film and movies, in a beautiful place, (for cheap) and aid both the economy and Hawaii's tourism, which stimulates the economy even more.
More states should take note of Hawaii's strategic moves. Film is an easy way for a state to make a buck.
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