Sharesale
Entertainment NewsNorth Carolina's Film Industry is About To Get Even BIGGER

North Carolina’s Film Industry is About To Get Even BIGGER

Date:

I would not count North Carolina's industry out yet. North Carolina saw a significant drop in and filming in the state after reducing their film tax credit.

Now, North Carolina Governor Roy Cooper is doing something to change that. Cooper has signed legislation that removes the program's sunset language – basically ending it's July 2020 end date and providing stability for network and decision makers looking to save money as they set up production for their next project.

Also, Cooper added $31 million to be designated for the 2018-2019 fiscal year. This funding along with the elimination of the state's sunset date will help boost the state's film industry and illustrate North Carolina's commitment to the production of movies and TV shows.

“This is wonderful news for Wilmington,” said Bill Vassar, executive VP at EUE/ Studios, a 10-stage production complex based in that North Carolina city.

“The elimination of the sunset will allow a series to start a production in town and settle in for the long term,” he continued. “We can again on attracting television that run many years. The industry will keep local employed and local businesses busy. Our goal is to recruit shows such as ‘Dawson's Creek' that ran for six years and ‘One Tree Hill' that ran for nine.”

One of the shows that filmed in North Carolina includes TNT's Good Behavior, which was renewed for a second season. That said, North Carolina's film tax credit is different than 's program. North Carolina Film and Entertainment Grant offer a rebate to productions of 25% of their direct in-state spending.

What do you think? Discuss this story with fellow Project Casting  on Facebook. On Twitter, follow us at @projectcasting.

spot_img
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.

More like this
Related

Netflix’s “Monsters: The Mendendez Brothers’: Where Are They Now?

Ryan Murphy’s Emmy-winning Netflix anthology series "Monster" is back,...

‘Baby Reindeer’ Star Lands Multi-Year, First Look Deal with Netflix

Richard Gadd has officially entered into a multi-year, first-look...

California Gov. Newsom Signs Two AI Bills to Protect Actors

California Governor Gavin Newsom has made headlines by signing...

‘Matchbox’ Starring John Cena: Everything We Know So Far

In an exciting development for fans of both John...