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News: General

L.A. Plans Campaign to Promote New Film Tax Credits

Tuesday, February 17, 2015   (0 Comments)
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From LA Times:

Even with the new program, California still faces heavy competition from other states and countries that offer richer incentives.

"We need to speak with the greenlight committees, packaging agents and independent finance executives to make sure we get the right films and the right TV series here," said Dalal, director of the Los Angeles Film Office.

The state will hold a final lottery under the old program on April 1. The new program does away with the lottery and will allot funds based on how many jobs productions employ, among other criteria, such as the use of California visual effects companies and in-state production facilities. 

- Read the full article at LATimes.com

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