Battle over tax incentives for North Carolina film industry [WWAY News Channel 3)

VIDEO
Wilmington is the kind of place where our local streets and buildings commonly turn into TV and movie sets. Cape Fear Community College regularly appears on One Tree Hill. Just how busy those sets are is important to our local economy and just how busy they’ll be depends upon what’s going on in Raleigh.
Right now, [...]

Vote: Should NC increase their film tax incentive?

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New TV tax incentive disappoints [Crain's]

The program received $350 million for another year, but no long-term commitment.
By Miriam Kreinin Souccar
The stalled film and television tax incentive program received a $350 million cash infusion in the new state budget to keep it going for another year. But the stop-gap measure fell short of industry expectations, and could jeopardize New York’s lucrative [...]

Quick fix to NY tax incentive program [Variety]

Legislators free up $350 mil for film production
By SAM THIELMAN
NEW YORK — New York’s production community can breathe a temporary sigh of relief: State lawmakers have voted to extend the Empire State’s successful film and TV production tax credit program.
Legislators and Gov. David Paterson agreed in Albany over the weekend to allocate another $350 million [...]

Despite a challenged economy, states are enthused over business prospects on varied production fronts.

Shoot Magazine
March 20, 2009, A SHOOT Staff Report — The largest film and television studio lot east of California will soon become even larger.
EUE Screen Gems Studios in Wilmington, North Carolina, has broken ground on Stage 10, the third largest stage in the U.S. and the only one of its size and scope outside [...]

Studio on track to open stage in Wilmington

The Associated Press
Wednesday, March 18, 2009
WILMINGTON, N.C. — The third-largest film and production stage in the United States is on track to open in May in Wilmington.
Officials with EUE/Screen Gems said Wednesday that its “Dream Stage 10″ is scheduled to open May 22. Already, they said, two large feature films are considering filming at the [...]

Pictures from the new stage

Click to enlarge

Film industry looking for bigger tax incentives from North Carolina (VIDEO coming soon)

Courtesy of WWAY News Channel 3
This is not a great time to be looking for a bigger tax break from the cash-strapped state of North Carolina, but that’s exactly what our film industry is doing. They say they have to in order to stay competitive.
North Carolina currently offers production companies a 15% tax break. That [...]

The North Carolina Film Office is now on Twitter!

Twitter is a free online social messaging utility for staying connected in real-time. Twitter with the NCFO at www.twitter.com/ncfilm office or view a live feed of updates at www.ncfilm.com

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