Sunday, June 26, 2011

Who Received a Piece of the Pie?

Earlier this month, the California Film Commission, headed up by Amy Lemisch, announced which productions would receive a piece of the California Tax Incentive Program.

The breakdown of projects selected (based on type of production) is as follows:
- Feature (Studio) -- 4 projects (14.8%)
- Feature (Indie) -- 10 projects (37%)
- TV Series -- 10 projects (37%)
- MOW (Studio) -- 0
- MOW (Indie) -- 1 (3.7%)
- Relocating TV -- 2 (7.40%)

Based on information provided by each applicant, it is estimated that these projects will
spend more than $662 million in California, including nearly $234 million in qualified wages.
They will employ an estimated 3,048 cast members, 3,307 crew members and 49,778
extras/stand-ins (calculated in "man-days").

Interesting footnote to this latest distribution of funds is that a hefty portion went to TV productions. One of them, Body of Proof, which looks to have a long run, moved their production from Rhode Island when that state discontinued/cut back their incentive program. As other states reevaluate the cost/benefit of their own incentive programs, there will continue to be an industry on the move. Can we get the hens back in the hen house? Time will tell.