The Town with Matthew Belloni The Arms Race Behind Where Movies Shoot
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Aug 21, 2024 
Joe Chianese, SVP of Incentives at Entertainment Partners, dives into the landscape of film production, discussing how tax incentives are reshaping shooting locations. He reveals why California is losing its allure as a filming hub and compares incentives across global markets like Canada and the UK. The conversation also touches on the significant economic implications for local communities. Matt also predicts Travis Kelce's potential transition from athlete to actor, exploring the industry's expectations for new talent.
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Types of Incentives
- Not all film incentives are tax incentives; some are rebates or grants.
- Rebates are the fastest, followed by transferable credits, then refundable tax credits.
Economic Impact of Incentives
- Tax incentives have created economies around production hubs like Georgia, Vancouver, and the UK.
- The UK's Harry Potter sets now attract tourism that might've gone to Burbank.
UK Incentives
- The UK's film incentive program is almost perfect, with no cap and inclusion of above-the-line costs.
- They also incentivize independent films at 40%, boosting smaller productions.