Eleven films chosen for California’s tax incentives
The California Film Commission (CFC) announced on Tuesday that a total of 11 movies, including seven studio pictures, have been chosen for the $330 million annual tax incentives program that Gov. Jerry Brown signed into law last year to attract movie production back into the state.
Dax Shepard's untitled movie based on the popular television series CHiPs, Conjuring 2 and movies from studio giants like Fox, Paramount and Warner Bros are among their projects that will received support from the Golden State.
CFC executive director Amy Lemisch said in a statement, "We're fighting back and winning thanks to our newly expanded tax credit program. We were losing projects that were set here at home, and now we're back to doubling for other locales."
Lemisch added that the entertainment industry viewed California as the first and best option, given the playing field is level.
Warner Bros hired Shepard to write, direct and star in a big-screen version of CHiPS, the television series that ran from 1977 to 1983. Shepard will be seen playing the role of Officer Jon Baker. Warner Bros' Conjuring 2 movie is a New Line spinoff that minted $318 million off a $20 million production budget. Its release date has been pushed to 2016. Other studio pictures that made the list include Fox's Avon Man and Why Him, and Paramount's Action Park and The God Particle.
The Golden State's widely supported tax incentives law was approved by the Assembly in May 2014 and by the Senate in late August. Gov. Brown signed the bill in September last year. More than 250 projects applied for the tax incentives program this year.
The overall ‘asthma epidemic’ among children has...Read More
People in huge numbers gathered in the Mount Lofty...Read More
As New Year is approaching, people have already...Read More
Alzheimer’s disease, the commonest cause of...Read More
Cases of opioid abuse have been increasing and...Read More
In an announcement made on December 22, cable giant...Read More