Movies

48 films selected for California film and TV tax credit program

BBG News

48 upcoming film and TV projects in California will receive financial support from the state’s current tax credit program, as announced by the California Film Commission.

The lineup of major studio productions and independent films is projected to hire over 6,500 actors, crew members, and 32,000 background artists collectively, based on days worked. The commission announced on Monday that these projects will distribute a total of $302 million in wages for California-based laborers.

The projects are predicted to cumulatively bring about a total expenditure of $664 million across the state.

Hollywood Inc.

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Even before the L.A. fires, Hollywood jobs were hard to find. Will the work ever come back?

In the midst of significant technological, fiscal, and international transformations within Hollywood, California’s iconic entertainment sector and its workforce are confronting a harsh truth: Many positions might not return following job losses.

Among the winning movies, five are big-budget productions from well-known studios. One of these is a sequel to Sony Pictures’ “One of Them Days,” which is anticipated to gain approximately $8 million in tax credits and invest around $39 million in eligible expenses.

A yet-unnamed Netflix production, scheduled to shoot in California over a span of 110 days, is projected to secure the highest budget allocation of approximately $20 million on its filming slate.

The remaining funded projects function independently, with approximately 37 of them having budgets below $10 million. Over half of these films will be filmed in the Los Angeles region, as stated by the commission.

As a die-hard fan, I’d like to express that California didn’t just stumble upon its position as the epicenter of the entertainment world; it was meticulously crafted over generations by gifted artists, visionaries, and hardworking professionals who dared to push the limits. Today’s awards serve as a testament to this heritage, keeping our local film industry buzzing, providing steady employment for countless crew members, and bolstering the economies that rely on a thriving film and television scene.

Hollywood Inc.

Workers across all tiers of Hollywood are uniting their efforts to advocate for a change in the state’s tax incentive program through legislation. However, given the strained financial situation, securing approval for this proposal is far from certain.

The news arrives following industry-wide apprehension, as a significant number of productions are moving away from California towards other regions and nations that provide more alluring tax benefits.

Towards the end of the previous year, Governor Newsom suggested enhancing the state’s film and television tax credit. This enhancement aimed to boost the annual tax credit allocation from $330 million to a staggering $750 million, with the intention of retaining production activities within California.

In March, the commission revealed that they had chosen an unprecedented 51 film projects, offering tax benefits, which represents the highest number of films granted during a single application period.

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2025-06-23 18:31

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