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Today β€” 30 October 2024Main stream

U.K. Budget Analysis: Tax Credit Increase for VFX Spend and Studio Investment But Grassroots Music Venues Lose Out

30 October 2024 at 17:44
The Labour Party’s first budget has brought mixed results for the U.K. entertainment industry. While the film and TV sector welcomed an increase in the tax incentive for VFX spend, grassroots music venues have been hit by a huge reduction in the amount of tax relief they enjoy, potentially putting a number at risk. U.K. […]

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Gavin Newsom Unveils Plan to Boost State’s Film Incentive to $750 Million

By: Gmaddaus
27 October 2024 at 21:27
Gov. Gavin Newsom unveiled a proposal on Sunday to increase California’s film incentive to $750 million, responding to calls to boost the struggling industry. At an event at Raleigh Studios in Los Angeles, Newsom said it was important to β€œsend a statement” by more than doubling the subsidy, which is currently set at $330 million. […]

Gavin Newsom to Seek to Bolster California Film Industry

By: Gmaddaus
27 October 2024 at 00:29
Gov. Gavin Newsom is set to announce a proposal on Sunday to more than double California’s incentive for film and TV production, in a bid to bolster the struggling industry. Newsom is due to appear at a studio lot in Los Angeles on Sunday afternoon to make the announcement, along with leaders from the entertainment […]

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