A projected 22.5 billion deficit has California Gov. Gavin Newsom proposing some belt-tightening and program cuts, but the financial sun is still shining bright on the state’s more than 400 million film and television tax credits program.
Putting forth a 297 billion 2023-24 state budget plan Tuesday, the newly re-elected Democrat reiterated his desire to extend the annual big- and small-screen initiative into the next decade and make some big changes to the program.
“The Budget proposes to extend the California Film Commission administered Film and Television Tax Credit Program at 330 million per year for five years beginning in 2025-26 (Program 4.0) and make it refundable prospectively for the new Program 4.0,” says the proposal introduced by Newsom this morning in the opening round of getting to a state budget.
Keep in mind, this could all change as the arm-twisting and deal making begins to reach a final and true budget by the June 15 deadline.
Putting forth a 297 billion 2023-24 state budget plan Tuesday, the newly re-elected Democrat reiterated his desire to extend the annual big- and small-screen initiative into the next decade and make some big changes to the program.
“The Budget proposes to extend the California Film Commission administered Film and Television Tax Credit Program at 330 million per year for five years beginning in 2025-26 (Program 4.0) and make it refundable prospectively for the new Program 4.0,” says the proposal introduced by Newsom this morning in the opening round of getting to a state budget.
Keep in mind, this could all change as the arm-twisting and deal making begins to reach a final and true budget by the June 15 deadline.
- 1/10/2023
- by Dominic Patten
- Deadline Film + TV
California Gov. Gavin Newsom vowed on Tuesday to make the state’s film and TV tax credit refundable, in a major change to the program that marks a significant benefit to studios.
If approved by the Legislature, the change will allow companies that have little California tax liability — particularly streaming services like Netflix — to nevertheless benefit from the state’s production subsidy.
Newsom has previously said that he supports extending the 330 million program for an additional five years, to 2030, and reiterated that commitment on Tuesday.
Several other states — including major film incentive states like Georgia and New York — already make their tax credits either refundable or transferrable.
“California is now in a position where we feel like we need to be able to offer that option,” said Nancy Rae Stone, deputy director of the state’s film and TV tax credit program. “There are so many companies that would like to film in California,...
If approved by the Legislature, the change will allow companies that have little California tax liability — particularly streaming services like Netflix — to nevertheless benefit from the state’s production subsidy.
Newsom has previously said that he supports extending the 330 million program for an additional five years, to 2030, and reiterated that commitment on Tuesday.
Several other states — including major film incentive states like Georgia and New York — already make their tax credits either refundable or transferrable.
“California is now in a position where we feel like we need to be able to offer that option,” said Nancy Rae Stone, deputy director of the state’s film and TV tax credit program. “There are so many companies that would like to film in California,...
- 1/10/2023
- by Gene Maddaus
- Variety Film + TV
Applications are now being accepted for a career initiative to provide traditionally unrepresented groups with a pathway to behind the scenes skills and jobs.
Late last year, the Handy Foundation was awarded the Pilot Career Pathways Training Program by the California Film Commission. Breaking down into five separate programs, the one-year pilot received a total grant of 130,000 from the state funded Cfc. Hollywood CPR and Manifest Works are also part of the program.
“Our long-term goal is to standardize sustainable pathways to these technical jobs and careers behind the scenes such that they become more diverse, equitable, and accessible to those willing to do the work it takes to be successful,” says Ri-Karlo Handy of the Cfc program and the Foundation’s motivations.
Having started to take applications on New Year’s Eve, the Production Audio & Post Audio Mixer Training Program has two seasonal offerings with Winter 2023 running from February...
Late last year, the Handy Foundation was awarded the Pilot Career Pathways Training Program by the California Film Commission. Breaking down into five separate programs, the one-year pilot received a total grant of 130,000 from the state funded Cfc. Hollywood CPR and Manifest Works are also part of the program.
“Our long-term goal is to standardize sustainable pathways to these technical jobs and careers behind the scenes such that they become more diverse, equitable, and accessible to those willing to do the work it takes to be successful,” says Ri-Karlo Handy of the Cfc program and the Foundation’s motivations.
Having started to take applications on New Year’s Eve, the Production Audio & Post Audio Mixer Training Program has two seasonal offerings with Winter 2023 running from February...
- 1/6/2023
- by Dominic Patten
- Deadline Film + TV
Rent is coming to Fox early next year as a live musical event, but today the California Film Commission awarded the Marc Platt executive produced project millions in its latest film tax credits.
In fact, the 20th Century Fox Film Corporation submitted Rent Live! received $2.7 million off the $52.2 million that the Golden State handed out to 19 separate incentive recipients on Monday. With the Margot Robbie led Harley Quinn spinoff Birds of Prey leading the pack with $12.6 million in tax credits, the January 27 debuting Rent was seventh overall in terms of the amount it snagged in what is presumed to be a big screen only round.
With the small screen seeing big bucks too since Gov. Jerry Brown signed an expansion to $330 million annually of the state’s 2009 introduced incentives program into law in 2014, something may seem a little off in a TV broadcast one-off being able to successfully dip into credits designated for features.
In fact, the 20th Century Fox Film Corporation submitted Rent Live! received $2.7 million off the $52.2 million that the Golden State handed out to 19 separate incentive recipients on Monday. With the Margot Robbie led Harley Quinn spinoff Birds of Prey leading the pack with $12.6 million in tax credits, the January 27 debuting Rent was seventh overall in terms of the amount it snagged in what is presumed to be a big screen only round.
With the small screen seeing big bucks too since Gov. Jerry Brown signed an expansion to $330 million annually of the state’s 2009 introduced incentives program into law in 2014, something may seem a little off in a TV broadcast one-off being able to successfully dip into credits designated for features.
- 7/23/2018
- by Dominic Patten
- Deadline Film + TV
California’s Film & TV Tax Credit Program 2.0 has chosen its first round of films that will receive $52.2 million in tax credits, including Margot Robbie’s “Birds of Prey,” which is set to receive $12.6 million for filming in California.
In total, 19 films (11 non-independents and eight independents) were selected, which will generate an estimated $258.2 million in qualified expenditures, meaning wages to below-the-line workers and payment for equipment and vendors. Combined, the films will spend 602 shoot days across the state and will employ 869 cast, 2,357 crew and 23,000 extras.
Universal’s “Covers” will receive $6.5 million in tax credits, while Tooley Productions’ “Flying Horse” is set to receive $5 million. Warner Bros.’ “The Has Been” will also receive $4.8 million. “Cry, Baby,” “Blackbird,” “The Hunt” and Fox’s “Rent — Live” were also chosen to receive tax credits.
Also Read: 'Scarface,' 'Deadwood' Movie, Jordan Peele Film Score California Tax Credits
Warner Bros.’ “Birds of Prey...
In total, 19 films (11 non-independents and eight independents) were selected, which will generate an estimated $258.2 million in qualified expenditures, meaning wages to below-the-line workers and payment for equipment and vendors. Combined, the films will spend 602 shoot days across the state and will employ 869 cast, 2,357 crew and 23,000 extras.
Universal’s “Covers” will receive $6.5 million in tax credits, while Tooley Productions’ “Flying Horse” is set to receive $5 million. Warner Bros.’ “The Has Been” will also receive $4.8 million. “Cry, Baby,” “Blackbird,” “The Hunt” and Fox’s “Rent — Live” were also chosen to receive tax credits.
Also Read: 'Scarface,' 'Deadwood' Movie, Jordan Peele Film Score California Tax Credits
Warner Bros.’ “Birds of Prey...
- 7/23/2018
- by Beatrice Verhoeven
- The Wrap
With less than six months before his successor is elected, California Gov. Jerry Brown today extended one last gift to Hollywood with the signing of his last state budget and legislation to continue the $330 million film and television tax credit program.
Inking the $201 billion budget Wednesday in Los Angeles, Brown didn’t make any specific comments about the extension of the program until 2025, but he was on a swan-song roll worthy of a Tinseltown tentpole. “When I took office back in 2011 with the state facing a $27 billion deficit, I pledged to work with the Legislature to fix California’s financial mess,” the governor declared as the budget and Sb 871 on the credits were signed. “Today, the final budget I sign delivers on that pledge and prepares us for the future.
While never a proclaimed big priority for the Northern Cali-centric Brown, the growth of the 2009-originated $100 million-a-year, blockbuster-avoiding and lottery...
Inking the $201 billion budget Wednesday in Los Angeles, Brown didn’t make any specific comments about the extension of the program until 2025, but he was on a swan-song roll worthy of a Tinseltown tentpole. “When I took office back in 2011 with the state facing a $27 billion deficit, I pledged to work with the Legislature to fix California’s financial mess,” the governor declared as the budget and Sb 871 on the credits were signed. “Today, the final budget I sign delivers on that pledge and prepares us for the future.
While never a proclaimed big priority for the Northern Cali-centric Brown, the growth of the 2009-originated $100 million-a-year, blockbuster-avoiding and lottery...
- 6/27/2018
- by Dominic Patten
- Deadline Film + TV
California Gov. Jerry Brown has signed an extension of California’s production tax credit program for five years beyond its 2020 expiration with $1.6 billion in credits.
The Entertainment Union Coalition, a coalition of California Iatse Council, Directors Guild of America, International Brotherhood of Teamsters Local 399, LiUNA Local 724, and SAG-aftra, made the announcement Wednesday. Brown approved the legislation as part of signing the state’s overall 2018-19 budget.
“As a coalition that represents working men and women of the entertainment industry, we are elated that the California film and television production tax credit program has been extended through 2025. Our members are those who lose when film and television production leaves this state and they are also the direct beneficiaries when it returns to and stays in California,” the group said.
The program, which allocates as much as 25% of the budget to credits, was more than tripled in size in 2014 to $330 million annually...
The Entertainment Union Coalition, a coalition of California Iatse Council, Directors Guild of America, International Brotherhood of Teamsters Local 399, LiUNA Local 724, and SAG-aftra, made the announcement Wednesday. Brown approved the legislation as part of signing the state’s overall 2018-19 budget.
“As a coalition that represents working men and women of the entertainment industry, we are elated that the California film and television production tax credit program has been extended through 2025. Our members are those who lose when film and television production leaves this state and they are also the direct beneficiaries when it returns to and stays in California,” the group said.
The program, which allocates as much as 25% of the budget to credits, was more than tripled in size in 2014 to $330 million annually...
- 6/27/2018
- by Dave McNary
- Variety Film + TV
A new crop of female directors received a boost from Los Angeles-based Women in Film, as the group doled out its Film Finishing Fund grants for feature, documentary and short films on Friday. Co-chairs Betsy Pollock and Nancy Rae Stone presented the grants, one offering as much as $25,000 to complete female-helmed projects. Deb Shoval scored $25,000 for her feature “Awol.” In addition, unspecified grants were handed out to Priscilla Anany for “Children of the Mountain” and Ralitza Petrova for “Godless” and Also Read: Secret Hollywood Meeting Addresses Crisis in Gender Disparity Documentary grants went to Frances McElroy’s “Black Ballerina” and Ashley York’s “So Help.
- 12/12/2015
- by Matt Donnelly
- The Wrap
The Women in Film Foundation has named recipients of the 29th annual Film Finishing Fund grant, chosen from over one hundred feature-length narrative films, docs and shorts from around the world. Co-chairs are "Words and Pictures" producer Nancy Rae Stone and AFI Associate Dean of Production Betsy Pollock. Narrative Feature Film "I am Nojoom, Age 10 and Divorced" - Khadija Alsalami, Director/Producer Documentary Films "Tyrus Wong: Brushstrokes in Hollywood" - Pamela Tom, Director/Writer/Producer "Journey to Normal: Women of War Come Home" - Julia Hera DeStefano, Director "The Mask You Live In" - Jessica Anthony, Producer "Hardy" - Natasha Verma, Director "Children of Giant" - Evelyn Galan, Producer "A Classy Broad" - Anne Goursaud, Director/Producer/Editor "Driving with Selvi" - Elisa Paloschi, Director Experimental Short Film "Zoetrope" -...
- 11/14/2014
- by Ryan Lattanzio
- Thompson on Hollywood
The Women in Film Foundation is now accepting applications for their 2014 Film Finishing Fund grants. Wif is giving up to $15,000 in grants to help filmmakers complete their films. This is the 29th year Wif has offered this program, which is currently run by Committee Co-Chairs Betsy Pollock and Nancy Rae Stone. The Film Finishing Fund has awarded $2 million worth of grants for more than 170 films from all over the world. Also read: Cate Blanchett Was Right – Women Making Little-to-No Progress in Landing Major Movie Roles Past recipients include Cynthia Wade's 2008 Academy Award-winner for Best Documentary Short,...
- 3/14/2014
- by Michael Balderston
- The Wrap
Following its acclaimed world premiere as a Gala Presentation at the Toronto International Film Festival, Roadside Attractions has acquired Us rights to director Fred Schepisi’s adult romance, Words And Pictures, written by Gerald Di Pego and starring Oscar nominee Clive Owen (Killer Elite, Blood Ties) and Oscar winner Juliette Binoche (The English Patient, Chocolat).
The film is produced by Latitude Productions’ Curtis Burch in association with Dallas-based Lascaux Films. Nancy Rae Stone serves as executive producer.
A writer whose talent has dried up (Owen) and an artist (Binoche), struggling to paint as her body betrays her, clash at the school where they teach, sparking both a flamboyant courtship and a school-wide war: which is more powerful, the Word or the Picture?
“Fred Schepisi’s charming film Words And Pictures features great performances by Clive Owen and Juliette Binoche — in an uplifting, crowd-pleasing film about teachers who change the lives...
The film is produced by Latitude Productions’ Curtis Burch in association with Dallas-based Lascaux Films. Nancy Rae Stone serves as executive producer.
A writer whose talent has dried up (Owen) and an artist (Binoche), struggling to paint as her body betrays her, clash at the school where they teach, sparking both a flamboyant courtship and a school-wide war: which is more powerful, the Word or the Picture?
“Fred Schepisi’s charming film Words And Pictures features great performances by Clive Owen and Juliette Binoche — in an uplifting, crowd-pleasing film about teachers who change the lives...
- 9/14/2013
- by Michelle McCue
- WeAreMovieGeeks.com
Roadside Attractions has picked up U.S. rights to Fred Schepisi’s adult romance, Words and Pictures, which had its world premiere during the Toronto Film Festival. The film, produced by Latitude Productions’ Curtis Burch in association with Dallas-based Lascaux Films, stars Clive Owen as a washed-up writer and Juliette Binoche as a prickly artist who clash at the school where they teach. They launch school-wide debate over whether literature or painting is best. Photos: Toronto: Exclusive Instagram Photos of the Fest's Biggest Stars Nancy Rae Stone serves as an executive producer. The deal was negotiated by Roadside
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- 9/13/2013
- by Rebecca Ford
- The Hollywood Reporter - Movie News
Roadside Attractions has acquired U.S. rights to director Fred Schepisi’s adult romance “Words and Pictures,” which stars Clive Owen and Juliette Binoche. Latitude Productions’ Curtis Burch produced the film in association with Dallas-based Lascaux Films. Nancy Rae Stone executive produced. Gerald Di Pego wrote the script, which follows a writer (Owen) and an artist (Binoche) who clash at the school where they teach, sparking both a flamboyant courtship and a school-wide war. “Fred Schepisi’s charming film ‘Words and Pictures’ features great performances by Clive Owen and Juliette Binoche — in an uplifting, crowd-pleasing film about teachers who change...
- 9/13/2013
- by Jeff Sneider
- The Wrap
Roadside Attractions has taken Us rights in Toronto to Fred Schepisi’s romance Words And Pictures starring Clive Owen and Juliette Binoche.
The film centres on a writer with block who sparks to a struggling painter at the school where they both teach. Gerald Di Pego wrote the screenplay.
Latitude Productions’ Curtis Burch produced in association with Dallas-based Lascaux Films. Nancy Rae Stone served as executive producer.
Roadside’s Howard Cohen struck the deal with Us representatives CAA. Voltage Pictures handles international sales.
The film centres on a writer with block who sparks to a struggling painter at the school where they both teach. Gerald Di Pego wrote the screenplay.
Latitude Productions’ Curtis Burch produced in association with Dallas-based Lascaux Films. Nancy Rae Stone served as executive producer.
Roadside’s Howard Cohen struck the deal with Us representatives CAA. Voltage Pictures handles international sales.
- 9/13/2013
- by jeremykay67@gmail.com (Jeremy Kay)
- ScreenDaily
The Women In Film Foundation’s (Wiff) Film Finishing Fund co-chairs Betsy Pollock and Nancy Rae Stone have announced the recipients of the 28th annual Film Finishing Fund grant programme.
The Wiff received more than 113 narrative features, documentaries and shorts around the world. The 2013 Wiff Film Finishing Fund winners are:
Narrative Feature Films – Dukhtar by Afia Nathaniel and The Factory Girl by Mohamed Samir.
Documentary Films – Ladonna Harris: Indian 101 by Julianna Brannum; The Last One by Nadine Licostie; Mia, A Dancer’s Odyssey by Maria Ramas and Kate Johnson; and Spies Of Mississippi by Dawn Porter.
Narrative Short Film – The Bravest, The Boldest by Pelin Uzay.
“There was a real diversity of subjects explored in this year’s entries,” said Pollock and Stone in a joint statement. “The global status of women and the rights of minorities are consistent themes, but this year we saw many more topics as well.”
The Film Finishing...
The Wiff received more than 113 narrative features, documentaries and shorts around the world. The 2013 Wiff Film Finishing Fund winners are:
Narrative Feature Films – Dukhtar by Afia Nathaniel and The Factory Girl by Mohamed Samir.
Documentary Films – Ladonna Harris: Indian 101 by Julianna Brannum; The Last One by Nadine Licostie; Mia, A Dancer’s Odyssey by Maria Ramas and Kate Johnson; and Spies Of Mississippi by Dawn Porter.
Narrative Short Film – The Bravest, The Boldest by Pelin Uzay.
“There was a real diversity of subjects explored in this year’s entries,” said Pollock and Stone in a joint statement. “The global status of women and the rights of minorities are consistent themes, but this year we saw many more topics as well.”
The Film Finishing...
- 8/27/2013
- by jeremykay67@gmail.com (Jeremy Kay)
- ScreenDaily
Applications are now being accepted for the Women In Film Foundation’s 2013 Film Finishing Fund grants, it was announced today by Fff Committee Co-Chairs Betsy Pollock and Nancy Rae Stone. The application period continues until April 29, 2013, and the winners will be announced in October, 2013. Since its inception 28 years ago, the Fund has awarded more than $2 million worth of grants to over 170 films from all over the world. Women In Film will grant to each winning project up to $15,000 in cash, in-kind and consultation grants. To qualify for entry, submitted projects must be by, for or about women. Filmmakers must have completed at least 90% of principal photography, and have a rough cut at the time of application. The program funds both short and long formats in all genres: narrative, documentary, educational, animated and experimental. Entrants do not have to be Women In Film members to apply for a grant, and Wif encourages international applications.
- 3/6/2013
- by MIKE FLEMING JR
- Deadline
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