Gene Maddaus-Senior California film Gene Maddaus-Senior California

Gavin Newsom Announces $30 Million Boost in State Film Credit Program

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variety.com

Gene Maddaus Senior Media WriterGov. Gavin Newsom announced Friday that the California will add $30 million to the state’s film and TV tax incentive program this year, as the state doles out a $75 billion surplus.The $30 million is on top of the $330 million that the state provides annually to subsidize TV and film productions.“This is an opportunity for all of those productions, TV and others, in places like Georgia whose values don’t necessarily always align with production crews, to consider coming back to the state of California,” Newsom said at a press conference Friday.more to come….

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