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Wednesday, 19-Feb-2014 05:06 Email | Share | Bookmark
Hollywood Tax Credit Fight: Will California Finally Support Bloc












At the same time, the number of one-hour television productions has fallen by 64 percent, according to the Los Angeles Mayors Office.Feature feature film production has plummeted 56 percent since a peak in 1996, while television production has dropped 39 percent from a high in 2008. If we want to keep these jobs, we have to get in the game,said Yusef Robb, director of communications for the Los Angeles mayors office. Florida is not going to let its sunshine get taken away, Texas is not going to let its football get taken away and New York is not going to let the financial services industry get taken away, why should California allow other states to take the entertainment industry away? To make their case, the MPAA, the mayors office and their allies plan to focus on the threat to middle-class entertainment industry jobs. Its all about job creation and keeping our crew members working, and that filters down to all the small businesses that depend on a vibrant entertainment economy, Amy Lemisch, executive director of the California Film Commission, said. She noted that the current incentives are out-stripped by those offered in the United Kingdom, Louisiana or New York. Our program is more modest, but you dont want to give away more than you have to, Lemisch said. You want to make it competitive enough so it makes financial sense when producers realize they dont have to incur as http://sanfordqfpc.newsvine.com much shipping and travel expenses. The threat to California jobs is real, but tax incentives remain controversial even among members of the entertainment industry. Scott Ross, co-founder of the visual effects house Digital Domain, notes that the current situation has become an arms race with no end in sight. Its one that he argues has devastated Californias post-production industry and forced workers to uproot their lives and families to work in cities such as Vancouver and London that offer richer incentives. http://violetamin.newsvine.com/_news/2014/01/27/22470712-kim-kardashian-khloe-kardashian-wasnt-trying-to-get-pregnant-by-lamar-odom <br>Source: Kim Kardashian href='http://movies.yahoo.com/news/hollywood-tax-credit-fight-california-finally-support-blockbusters-073147968.html&#39; >http://movies.yahoo.com/news/hollywood-tax-credit-fight-california-finally-support-blockbusters-073147968.html</a>



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