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Newsom, Hollywood
Gov. Newsom visits Hollywood to propose doubling state’s film tax credit to $750 million
The state has been losing production business to Canada and other states that offer more attractive incentives, most prominently New York and Georgia.
Newsom’s film and TV tax credit boost could help Hollywood. Here are the pros and cons
Gov. Gavin Newsom's new tax credit proposal signals a significant — albeit belated — attempt to address one of the key factors that has driven much of Hollywood production to other regions.
Why Newsom Wants Taxpayers to Waste Millions on Big Hollywood Subsidies
Newsom's plan to double Hollywood subsidies raises questions about economic priorities and political motivations.
Why Newsom wants California taxpayers to spend millions more subsidizing Hollywood
Nevertheless, filmmakers continued to whine. Over the weekend, Newsom staged a news conference in Hollywood to announce that his next state budget will seek to more than double the current subsidy from $330 million a year to $750 million.
Newsom To The Rescue: Governor Supersizes California’s Film & TV Tax Credits To Get Hollywood Back To Work
EXCLUSIVE: A decade after the last major overhaul of California’s film and TV tax credits program, Gov. Gavin Newsom today will unveil a massive increase in the incentives to jump start work and production in the home of Hollywood.
Why Newsom wants taxpayers to spend millions more subsidizing Hollywood
Each month, the California Center for Jobs & the Economy, an offshoot of the California Business Roundtable, publishes a summary of economic data, including a list of California businesses that have reduced operations,
Tax credits could revive hamstrung Hollywood business
Hollywood is thought of as the mecca of entertainment, but fewer and fewer shows and movies are actually being filmed there. A new tax credit could change that.
Newsom proposes massive expansion of film and TV tax credit program
By Jasmine Jose Click here for updates on this story 10/29/24 (LAPost.com) — Newsom wants to pump more money into California’s film and TV tax breaks to boost Hollywood and create jobs. The plan aims to increase funding for the program that’s been raking in billions for the state since 2009.
Will Newsom's expanded tax credit program save California's film industry?
Gov. Gavin Newsom unveiled plans over the weekend to raise the cap on California's film and TV tax credit program. Will it save Hollywood from ruin?
Walters: Why should California taxpayers boost subsidies for Hollywood?
Newsom wants the state budget to more than double a tax credit for the entertainment industry, despite its overstated value to California's economy.
1d
on MSN
Newsom's Plan to Double California Production Incentives Faces Sacramento Skeptics and Ticking Clock for Hollywood
Gov. Gavin Newsom told Hollywood entertainment workers on Sunday that help is on the way, as he threw his support behind a ...
Opinion
2d
on MSN
Opinion
Opinion | Gavin Newsom Loves Hollywood
It’s enlightening to hear Democrats lambaste tax cuts for the so-called rich while they bestow government handouts on their ...
IJR
3d
Gavin Newsom Floats $750 Million Handout For Hollywood
Democratic Gov. Gavin Newsom unveiled a proposal Sunday that would more than double the size of a tax credit program ...
Lake County Record-Bee
1h
Newsom provides welfare to the wealthy, skimps on anti-homelessness programs
Gov. Gavin Newsom has played Santa Claus for the last week, promising bigger state subsidies to Hollywood’s film and video industry and giving cities and counties a new tranche of state aid to combat ...
TheWrap on MSN
2h
Adam Schiff Pushes for Federal Incentives to Keep Hollywood Productions in America
“Both departments’ employment data in the screen production industry could illuminate what my constituents in
Hollywood
and ...
Bloomberg L.P. on MSN
3d
California’s Newsom Doubles Film Tax Credits to Revive Hollywood
California aims to more than double annual tax credits for film and television production in the state to about $750 million, ...
2d
on MSN
What's Hollywood Without Cameras Rolling? Gavin Newsom's Plan May Need More to Halt Exodus
Gavin Newsom unveiled plans to more than double California's current cap for a program that provides tax relief to the ...
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