Monday, March 16, 2009

Will "Ugly Betty" come back to California?

The new budget allocates $100 million annually for tax credits to lure television series back to California. The LA Times reports: "More than 30 states now offer tax credits and rebates to lure production crews to their locales. New York, New Mexico, Louisiana and Michigan have seen a surge in production and jobs since implementing incentive programs, contributing to historic lows in L.A. shoots. " 'So much has disappeared, anything we bring back will be a boon,' said Paul Audley, president of FilmL.A., which processes filming permits. "The tipping point came last summer when ABC moved production of its sitcom 'Ugly Betty' to New York from Los Angeles, creating an uproar among hundreds of crew members.Attracting such shows back is the primary aim of the new incentives, which offer a 25% tax credit for TV series that relocate to California." More information on the credit is available on the California Film Commission website.

No comments: