Los Angeles TV production increases thanks to film tax credits.
According to FilmL.A., the non-profit organization that serves as the film office for Los Angeles, reported on Tuesday that it issued permits for nearly 10,000 shooting days during the second quarter of the year. According to the details of the report, TV production, which accounted for the most activity, increase dramatically. Meanwhile, feature film production, which filmed for 1,309 shooting days, posted a larger percentage increase over the second quarter. From THR:
Film production was boosted by four projects, generating 108 shooting days, that have received tax incentives from the California Film & Television Tax Credit Program. They were Battle of the Sexes, in which Emma Stone plays Billie Jean King; How to Be a Latin Lover, starring Rob Lowe and Kristen Bell; Please Stand By, starring Dakota Fanning; and Why Him?, starring James Franco and Bryan Cranston.
“We’re delighted to report a second straight quarter of feature growth for Los Angeles, as we’d hoped for and predicted,” said FilmL.A. president Paul Audley. “We expect these production increases to continue until the state’s incentive reaches full utilization.”
Here’s the biggest stats from the report
- 1.4% TV production increase
- TV reality production dropped 8.6%
- TV comedy production dropped 16.8%
- TV drama production increased 3.8%
- TV pilot production increased 89.1%
- Web-Based TV production increased 20.6%
The increase in film production in Los Angeles is directly linked to their film tax credits. Approximately 38% of all productions were paid by state incentives.
Via THR
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