Earlier this month, Gov. Nathan Deal announced that Georgia filmed movies and TV shows generated an economic impact of nearly $10 billion during the fiscal year 2017. The 320 feature film and TV productions shot in Georgia account for $2.7 billion in direct spending in the state.
“Georgia’s film industry supports thousands of jobs, boosts small business growth and expands offerings for tourists,” said Deal. “As one of the top places in the world for film, Georgia hosted a remarkable 320 film and television productions during the last fiscal year. These productions mean new economic opportunities and real investments in local communities. We are committed to further establishing Georgia as a top film destination and introducing film companies to the Camera Ready backdrops available across Georgia.”
Moreover, Georgia has increased the amount of infrastructure growth for the film industry with a new studio, which will allow for the film industry to continue to grow in Georgia.
“Literally hundreds of new businesses have relocated or expanded in Georgia to support this burgeoning industry – creating jobs for Georgians as well as economic opportunities for communities and small businesses,” said Georgia Department of Economic Development (GDEcD) Commissioner Pat Wilson. “Although these support services companies cannot claim the tax credits, they directly benefit from the increased amount of work in the state, and the fact that the savings from the Film Tax Credit are typically reinvested in the project, creating additional economic impact and activity for these Georgia-based businesses.”
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