Maryland has increased the size of its film fund in a bid to get more productions. Previously worth just USD1 million a year, the new bill had a USD15 million figure but this was reduced to USD7.5 million at the last minute. The incentive is worth up to 25% for qualifying film productions.
New York City may be more popular for TV in the upcoming pilot season, but a new report suggests California's tax credit scheme is successful. The figures, announced from the set of TV show Body of Proof, were collated by the Los Angeles County Economic Development Corporation (LAEDC).
A long-gestating co-production deal has been signed between New Zealand and India, marking the 11th such agreement for New Zealand. Feature films and TV shows made under the terms of the Agreement on Audio-Visual Co-Productions will get the benefits of domestic projects in each country.
Production companies offering Flanders the international spotlight will be able to apply for a location grant of EUR25,000, which will be awarded each year to one TV series or foreign film. Prospective productions will have to pass a cultural test before a jury makes the final decision.
Governor Gary R Herbert has officially signed Utah’s new filming incentive scheme into law, meaning the state now officially offers a 25% tax incentive. Authorities are now keen to boost Utah’s profile both domestically and overseas.
Hawaii’s filming incentives will stay at 15% for at least the rest of 2011 after a proposal to expand the scheme stalled in State Legislature. Supporters were calling for an incentive increase to 40% on some of the islands.
Big-budget projects Twilight and Green Lantern are among those benefitting the economy in Louisiana. For every dollar Louisiana issues as a tax credit for film productions, the state economy makes USD5.71, according to a new report.
The state of Utah has boosted its filming incentive tax break by 5%, while the Governor’s Office in Rhode Island is recommending an end to its existing incentive. This is despite news that Wes Anderson’s new film Moonrise Kingdom will be filming there.