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Gyeonggi entices Americans with USD100 million
South Korea’s Gyeonggi province has announced details of a substantial investment fund for Korean and American joint ventures. Kim Byung-heon of the Gyeonggi Digital Contents Agency, said: "We're planning to put together a USD100 million global content fund with the…
Illinois incentive act reinstated
The Illinois incentive act, which expired at the end of 2007, has been reinstated. It consists of a 20% transferable credit for in-state cast, crew and purchases, with a ceiling on individual salaries.
New funds released for Arizona
Applications for funds available in January 2009 will be accepted from November. USD80 million has been allocated. This will take the form of a transferable tax credit. However, 50% of the cast and/or crew must be Arizona residents to qualify…
Alaska passes new legislation
New Alaskan legislation, initially signed into law by Governor Sarah in June of this year, has now been approved. The initiative provides a 30% transferable tax credit for qualified film production expenditures with an additional 10% for local hires, plus…
Global Entertainment and Media Outlook: 2007-2011
PricewaterhouseCoopers publishes a regular outlook report covering the global entertainment and media sector. This industry forecast covers the US, Europe, Middle East, Africa, Asia Pacific, Latin America, and Canada. It provides In-depth global analyses and five-year growth projections for 14…
Brotherhood returns to Rhode Island
The Rhode Island Film & Television Office has announced that Brotherhood, the critically acclaimed winner of a 2007 Peabody award, will commence photography for its third season on location in Rhode Island this month. The drama stars Jason Isaacs, Jason…
Filming the Beijing Olympics
There is much consensus among local industry experts that the Beijing Olympics have already had an impact on the work rate of local production and service companies. Industry professionals from across the world have become more focused on China as…
Italian industry threaten boycott over film tax credits
Leading film industry bodies in Italy are threatening to pull Italian entries to the Venice, Rome and Turin film festivals if the country's new right-wing government abolishes tax credits promised in the 2008 national budget. The threat was including in…
New Alaska transferable incentive signed
The new Alaska transferable incentive was signed on June 4th and takes effect from September 1st, 2008. It will provide a tax credit of 30% for all Alaska expenses on qualified Alaska spend, 30% for cast and crew and further…
Czech Government rejects film tax incentive
The proposal would have offered producers a 20% tax rebate on Czech spend. The news is particularly bad for Czech production service providers who are experiencing difficult times following the Hollywood writers strike and the weakness of the dollar.