North Carolina is close to dropping one of the most extensive programs for awarding tax breaks to film companies, in what would be a high-profile retreat from an arms race among states to lure Hollywood productions.
Nearly 180 California hotels changed hands in the first half of 2013, a 12% increase from the number sold in same period last year, according to a mid-year report by Irvine consulting firm Atlas Hospitality Group.
Some 96 pilots filmed in the Los Angeles area during the 2012-13 development cycle. That’s four more than last year and second only to the region’s peak cycle in 2004-05, when 102 pilots filmed in L.A. But with a total of 186 broadcast and cable television pilots produced, L.A.’s slice of the pilot pie was just 52 percent—the region’s second-lowest share on record and a steep decline from a record 82 percent in 2006-07.
The state Legislature has adopted language that requires Honda Center management to pay hundreds of food and beverage workers for 60 days and then offer to continue their employment.
While some states are debating whether they should have film tax incentives at all, others are starting to offer cold, hard cash to attract Hollywood production. Montana just joined the ranks of those offering cash benefits to filmmakers.
“. . . report outlines recommended steps to help California turn the tide. It also analyzes what other countries and states are doing to attract film production and post-production business. “
Economic impact analysis of the Tax Credit program
Sixth annual report on the economic impact of creative industries in the Los Angeles Region
. . . describe the presence of the entertainment industry in the Los Angeles area economy, to estimate the impact the industry has on the local economy, and to identify both the challenges and opportunities facing the industry in the coming years.
Senate President ProTem Darrell Steinberg today released details of his effort to overhaul California’s environmental law, including provisions that reduce the likelihood that urban infill projects like Sacramento’s proposed downtown arena would be subject to lawsuits that could stall construction.
Company: Walt Disney Co.CA Net Job Gain/Loss: -150Reason: LayoffCity/Region Losing Jobs: Burbank, CANotes: Layoffs in movie studio division
Company: Walt Disney Co.CA Net Job Gain/Loss: -150Reason: LayoffCity/Region Losing Jobs: San Francisco, CANotes: Layoffs in LucasArts video game subsidiary
Company: Cheesecake FactoryCA Net Job Gain/Loss: -135Reason: LayoffCity/Region Losing Jobs: Calabasas, CANotes: Layoffs from West Coast bakery operations
Company: DreamWorks AnimationCA Net Job Gain/Loss: -350Reason: LayoffCity/Region Losing Jobs: Glendale, CA