After President Donald Trump on Sunday announced a 100% tariff on movies produced outside the U.S., production companies and Hollywood insiders began assessing the possible consequences of the levy.
California has lost production spending in recent years, faced with stiff competition from other states and countries that offer more extensive tax credits, especially following the dual strike of 2023.
Acknowledging that an estimated 71% of films that were not able to secure the state’s tax credits ended up moving to a different state, Gov. Newsom last...
Continue reading...California has lost production spending in recent years, faced with stiff competition from other states and countries that offer more extensive tax credits, especially following the dual strike of 2023.
Acknowledging that an estimated 71% of films that were not able to secure the state’s tax credits ended up moving to a different state, Gov. Newsom last...
