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Current Issues & News6/4/2012
‘Body Of Proof’ & ‘Justified’ Among Productions That Won California’s $100M Tax Credit Lottery
By: Dominic Patten | Monday June 4, 2012 @ 4:33pm PDT
Justified, Teen Wolf, Pretty Little Liars and Body Of Proof are among the 28 projects picked by lottery to receive tax credits from the California Film Commission’s $100 million allocation, the commission revealed today. The basic breakdown: 10 film productions and 18 TV productions will receive credits. The commission says 53.5% of the projects were independent and 46.5% were studio-based. It estimates the projects will spend more than $683 million in California, including nearly $265 million in qualified wages.
The selected projects, which could change based on schedules and other production-delay issues, will mean employment for about 2,800 crew members, an estimated 2,900 cast members, and 57,000 extras/stand-ins. (UPDATE: The Hollywood guilds have come out with a pro-tax credit statement praising the lottery results; see their statement below.) The commission received 322 applications for this year’s production tax credit lottery by Friday’s 3 PM deadline. It will continue to accept applications for placement on the waiting list. Here’s the breakdown of today’s winners, followed by the projects by name:
Feature Films: 10 (1 studio project, 9 independent projects)
TV Series: 10 projects
Relocating TV: 2
Movies Of The Week – Independent: 5
Miniseries – Independent: 1
To see all the projects and read more, please click on the following link:< BACK