Entertainment NewsWhy Miami's Risky Investment is AMAZING for Aspiring Actors

Why Miami’s Risky Investment is AMAZING for Aspiring Actors

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Miami-Dade is looking to build their film industry by offering a $100,000 local subsidy.

“It helps the show runners. It helps the producers when the studio asks: Is there an incentive?” said Kim Wolf, owner of Worldwide Production Services in Coral Gables told the Miami Herald. “It’s a little nod.”

The new film incentive is set to start on October 1st. In order to qualify for the $100,000 subsidy, a production would have to spend at least $1 million within the county, film 70 of the production in Miami-Dade, hire at least 50 county residents and have Miami-Dade firms make up at least 80 percent of the production’s vendors. An extended application  and audit process would delay payouts until after production has completed.

Miami-Dade hopes the new program will motivate producers who would normally film in Miami but won’t consider the filming locations if incentives are not a possibility.

“There are projects that say: ‘We will come here if you give us something,’ ” said Sandy Lighterman, head of the county’s film office. “We need something for the bean counters and the financial people.”

It is important to note that Miami-Dade’s decision to add a film subsidy comes after Florida lawmakers decided to end their $300 million incentive program.

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Megan Diane
Megan Dianehttps://www.projectcasting.com
Hi, I'm Megan Browne, the Head of Partnerships at Project Casting - a job board for the entertainment industry. As Head of Partnerships, I help businesses find the best talent for their influencer campaigns, photo shoots, and film productions. Creating these partnerships has enabled me to help businesses scale and reach their true potential. I'm excited to continue driving growth by connecting people with projects they're passionate about.

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