Industry Unites Behind U.S. Production Incentive As New Study… | HappeningNow.news

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Industry Unites Behind U.S. Production Incentive As New Study Predicts Windfall In Jobs And Spending

Film and television studios, unions, guilds, film commissioners and entertainment industry groups have launched the U.S. Film & TV Production Coalition, a united front as a U.S production incentive begins to take shape.

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Film and television studios, unions, guilds, film commissioners and other entertainment industry groups have formed the U.S. Film & TV Production Coalition, announcing the alliance on Tuesday. The coalition’s launch coincides with a new study from consultancy Olsberg SPI, commissioned by the Motion Picture Association. The report projects substantial economic benefits through 2035 from a proposed 20 percent federal tax credit that could be “stacked” on top of existing state incentives. The combined effort aims to curb runaway production by making U.S. locations more financially attractive.

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