Filmes

California’s Tax Credits May Halt Animation’s Exodus

California’s Tax Credits May Halt Animation’s Exodus

As part of plans to halt the flight of Hollywood productions from Hollywood itself, lawmakers behind the proposed expansion of the California Film & TV Tax Credit program want to expand the types of films and TV shows that can qualify. That includes a section of entertainment that to this point has been closed off entirely from such tax breaks: animation.

In the language for the California Film and TV Jobs Act, which is currently winding its way through committees in the state assembly and senate, animated films and TV shows with a minimum runtime of 20 minutes would be listed as eligible for the program provided that they have a minimum production budget of $1 million.

dailytecnologia

About Author

Leave a comment

Your email address will not be published. Required fields are marked *

You may also like

Impossible Could Fuel 0 Million Memorial Day Box Office
Filmes

Impossible Could Fuel $300 Million Memorial Day Box Office

Amid a deep, months-long slump, the Memorial Day box office in 2024 was the worst seen by theaters in nearly
Eugene Jarecki Explains New Julian Assange Documentary
Filmes

Eugene Jarecki Explains New Julian Assange Documentary

Julian Assange returned to the international stage at the Cannes Film Festival on Wednesday, first standing before the global press