Wednesday, August 18, 2010

The Cupboard is Bare

For one day the California Film Commission felt like Santa. They were able to satisfy 30 requests for tax incentives with the $100 million they were given to play with by the State of California. Unfortunately that wasn't even half the number of requests. Nearly 50 more were left on the table.

Applicants for the incentives were selected by lottery and included 19 feature films; 8 television series; and 3 made for TV movies. Most of them will start filming in LA this fall. What would you guess that translates into, 6,000 jobs? And the 50 projects that went unfunded? 10,000 jobs that will probably go out of state, especially to NY where their Santa has $2.1 billion to hand out over the next 5 years.

Now the cupboard is bare for another year. And Mrs. Hubbard doesn't even have a bone for her poor dog.

Sharon

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