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Icelandic military base to be converted into film studios
A group of veteran Icelandic filmmakers have formed a company called Atlantic Studios in order to purchase real estate at a former US military base in Iceland. The company aims to convert this into professional film facilities including sound stages…
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…
Thailand plans tax refunds to entice foreign producers
In order to entice more foreign producers to come and film in the Kingdom, the Thai cabinet have just approved in principle plans for more tax incentives for foreign productions. These new incentives will be the form of tax refunds…
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 New Zealand incentive fund
From July 1st, the NZ government is pledging to give 40% of the NZ spend for Feature Films with significant NZ content. Spend must exceed NZ$ 5 million inorder to qualify for this new SPIF ( Screen Production Incentive Fund…
UK & India agree details for new agreement
The UK and Indian governments have said they have finished the necessary negotiations to enable the long-touted UK-India film co-production agreement to come into force. The treaty will let UK and Indian film-makers co-produce films that will be eligible for…
Michigan - new film incentive package signed
Governor Jennifer M. Granholm today signed into law legislation designed to grow the film industry in Michigan, setting the stage for hundreds of millions of dollars in private investment that will create jobs in the state. The legislation was proposed…
Alaska Senate pass incentive
SB230 passed the Alaska Senate on Tuesday, March 4th. The new bill, which now goes to the Alaska House, will provide a 30% tax credit for all labor (with a proposed $2M hire cap), an additional 10% for Alaska labor,…
Michigan looks at upping the ante
A year ago, Michigan tried luring moviemakers to the state by giving them hefty tax rebates. But it lost its competitive edge when other states started offering even better deals. Now, state lawmakers and Gov. Jennifer Granholm are looking at…
Illinois 20% incentive passed in the house
The 20% incentive passed overwhelmingly in the house, however because of super Tuesday they will have the incentive up and running in about two weeks.