In the midst of a historic production crisis in California, independent films are increasingly exploited to receive tax credits to run in the state.
Of the 48 titles selected to receive filming subsidies, only five are feature films, the California Film Commission announced on Monday. They represent approximately a uniform distribution of the $ 96 million in tax credits that the State allocates this tour, down compared to past years when they have constituted a larger share of the total allocation.
The growing frequency of independent films qualifying for the cinema incentive program and television in California reflects a broader trend in which large -budget studio films choose to shoot in states and countries with cheaper work that gives more subsidies in Hollywood. The United Kingdom has become a privileged destination, due to its popularity to allow costs higher than the line, such as the remuneration of administrators and actors, to qualify, among other reasons.
This change led Governor Gavin Newsom at the start of this year, going more than double the amount that California gives productions per year, from $ 330 million to $ 750 million per year. It is an aggressive attempt to revitalize the shooting through the State after being decimated by strikes and slow down the production flight for a year far from the region. The details are still being calculated.
“California has not won its role as the heart of the world of entertainment by accident – it was built during generations by skilled workers and creative talents who push the limits,” Newsom said in a statement. “Today’s prices help ensure that this heritage continues, keeping the cameras that roll here at home, supporting thousands of crew members behind the scenes and stimulating local savings that depend on a solid film and television industry.”
In total, securities should generate $ 664 million in spending across the State. They should hire around 6,500 actors and crews, as well as 32,000 background artists, who will all be paid more than $ 302 million in wages. California, unlike other states, uses a classification of job ratios which explains wages to workers lower than the line to select productions that will receive tax credits.
This series of tax credits is titled by a title of Untitled Netflix which will obtain $ 20 million in tax incentives for $ 106 million in qualified expenditure. Another major studio feature: the suite of Sony Pictures’ One of the dayswhich highlights Los Angeles as a backdrop for production and will obtain $ 8 million in grants.
The other major studios chosen to receive incentives This tower include photos of Warner Bros. Blow the cat and studios of the 20th century for Bellwhich will receive $ 6.9 million and $ 4.5 million in credits, respectively.
“This industry is at the heart of the creative economy of California and maintaining production here at home is more important than ever,” said Colleen Bell, director of California Film Commission, in a statement. “This series of tax credits shows our commitment to support independent productions and studio while distributing the economic benefits of filming through the state.”
A record of 51 films was used to receive tax credits in the last round announced in March, the largest number of titles selected in a single series of the state -of -the -art cinema and television program. They included a list of 46 independent films, which represented around $ 43 million out of the total of $ 101 million distributed.
During the round announced on Monday, feature films represented a little more than half of the total allocation, with $ 48.4 million of $ 96 million.
Of the 48 selected productions, 22 of them will draw a large piece outside the, including the county of Ventura (Make a wish, the cashier, things that we cannot touch), San Francisco and the Bay region (High priestess of souls, our kind of cruelty), The counties of El Dorado and pleasure (Golden Mountain), The counties of San Bernardino and Riverside (Superbloom, the story of Heidi Fleiss), Bakersfield in Kern County (Count) and coastal communities such as Half Moon Bay and Costa Mesa (Sponsor, doll). There is a bump of five percent for filming in the area outside the zone. Fifth season Golden Mountain plans to film mainly outside the
See the list of other productions selected to receive tax credits here.
