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UK cinema admissions highest in 40 years
The Film Distributors' Association have said that admissions rose 1.1% to 164.2 million in 2008 with box office takings up 3.7% to GBP854.4 million. This has been largely attributed to the success of such films as Mamma Mia and The…
SAG reject last, best and final offer
The Screen Actors Guild (SAG) board of directors have rejected the "last, best and final offer" by Hollywood producers for a new contract. The contract was rejected by 73% of SAG's board members. SAG called the Alliance of Motion Picture…
California passes tax incentive
The state of California has passed an incentives bill. The new legislation provides a tax credit of 20% (25% for independent features under USD10 million), with an appropriation of USD100 million per year for five years starting on July the…
Utah incentive bill approved
Hoping to attract more filmmakers to Utah, a senate committee approved a bill last week that would allow production companies to receive up to 20% of their costs back if they shoot in the state. The current cap is 15%.…
Alabama approves incentives bill
A House committee has approved a bill aimed at bringing more productions to the state of Alabama. The bill will provide exemptions on sales, use and lodging taxes for companies that shoot in Alabama. The state would pay for the…
SAG national executive director loses job
Doug Allen, national executive director of SAG, was fired this week. He had been at the centre of SAG’s bitter polarisation between those who urged strike action and moderates who proposed settlement through negotiation. The moderate faction of the actors…
New Mexico reassured by report
The long-awaited study by Ernst & Young on the economic return by the state’s film and media incentives found that for every USD1 extended in state tax credits, state and local governments received USD1.50. The results will be a great…
Is the UK film tax credit system failing?
A report produced by Oxford Economics indicates that the UK's film tax credit system is having a negative effect on co-productions and actvities overseas. The report shows a loss of about USD105 million in co-production activity and suggests that the…
Commercials hold steady in Chicago
While fears of an impending SAG strike in the USA and the global credit crunch may be slowing the number of big budget fillms going into production, there are signs that the commercial industry is having a slightly better time.…
Italy moves closer to national tax incentive
The European Union has approved early measures put forward by the Italian parliament for establishing a national tax incentive. Although still at a very early stage, it has taken more than a decade of discussions for Italy to get this…