Sept. 11, 2014
Preliminary statistics from the BLS show that employment in those two industries has dropped to 298,000 in August — marking the first time in the past decade that the number has dropped below 300,000, and representing an 8% decline from 324,600 jobs in August 2013, and a 19% slide from 366,300 jobs in August 2012.
Aug. 26, 2014
The agreement increases the tax credit to $330 million a year for the next five years. It also replaces the current lottery system with a ranking based on how many new jobs a production creates. While the agreement falls short of the $400 million approved by the Senate Appropriations Committee two weeks ago, it more than triples the current tax credit of $100 million.
Aug. 5, 2014
Permits issued for X-rated productions have fallen by 90% since 2012, when Los Angeles County voters passed Measure B in November of that year after a campaign contending that the law would protect performers from outbreaks of sexually transmitted diseases. The porn industry had opposed the measure, asserting that mandatory testing of actors for HIV was effective.
A first-time analysis of projects that applied to the Program but were denied due to insufficient availability of tax credits. Of those projects that were subsequently produced, a small minority elected to shoot in California without benefit of the Program. Instead, the overwhelming majority of projects denied for California tax credits opted to shoot outside the state in jurisdictions where tax credits are available.
July 25, 2014
With films like G.I Joe, The Butler and Enders Game shot in the Bayou State, last year it topped Film L.A.'s Feature Film Production Study as the number 1 location for motion picture filming. From 2002 to 2012 (the last year data was available), the industry created more than 14,000 jobs -- more than half of which were between 2010 and 2012, according to the Louisiana Department of Economic Development.