Gavin Newsom is offering a multimillion-dollar tax break to Hollywood producers as California scrambles to keep entertainment jobs from fleeing the state ... The tax break arrives as California’s grip on the post-production industry has weakened.
I have spent my career fighting for the entertainment industry, including as Speaker of the StateAssembly where I oversaw the passage of the inaugural Film and TV Tax CreditProgram.
LOS ANGELES - MayorKaren Bass today celebrated the latest projects to receive the expanded Film and TV Tax Credit, which is on track to inject a record $6.6 billion into California's economy.
Since Governor Newsom's historic expansion of the Film & TV Tax Credit program, the state has awarded 170 projects, including 41 new film projects announced today ... Over the past year, tax credit ...