NY Gov. Kathy Hochul Recalls Urging Bob Iger & Others To Help Her “Up The Cool Factor” In City By Boosting Film & TV Production
deadline.comNew York Gov. Kathy Hochul says she has made an “aggressive” effort to reassure film and TV production executives and the Broadway theater community that the state ardently supports their industries. “I was just sitting down with [Disney CEO] Bob Iger yesterday, talking about how I want more production in New York state,” Hochul said during an appearance at the Paley Center for Media in New York. “London shouldn’t exist.
Forget about Georgia. He listened. I’m a little aggressive, as you can tell.” Hochul said the state’s current incentives are “very generous,” offering a tax credit of up to 30% of a production’s budget.
Funding for the program nearly doubled last year to a total value of $700 million through 2034. “I want to make sure we don’t lose business to New Jersey or Georgia or Toronto or London,” Hochul said. “The talent wants to be in New York, by the way.
All the talent wants to be here. They started here, they have friends here, they have family here. But they will go where the show goes.
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