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*LA - The state of Louisiana has redeemable tax credit where production can exchange tax credit for cash at an excellent rate of 88% of the tax credits earned after paying for the transfer fees. With a 25% base rate on certified production expenditures, there is a 5% increase to the base rate if over 60% of production takes place outside of ...
In March, the film office announced the first film to receive funding from the tax credit, "On Fire." The St. Louis-based production received $6.9 million from the credit and employed 550 ...
(The Center Square) − Several bills passed by Louisiana lawmakers will eliminate numerous tax rebates, exemptions, credits, and deductions, beginning in 2025. House Bill 2, which targets a broad ...
The highest paid actor in Hollywood last year, according to Forbes magazine, was Johnny Depp, earning an amazing $75 million, significantly more than runners up Ben Stiller and Tom Hanks. Taken as ...
District A Shreveport City Councilwoman Tabatha Taylor says the tax credit is the key component to the city's growing film industry.
When the law partnership was dissolved, Thompson created the Larry A. Thompson Organization, a company devoted to film production and the personal management of talent. [ 4 ] Thompson and fellow lawyers Harry E. Sloan and Larry Kuppin subsequently purchased New World Pictures from Roger Corman for $16.5 million [ 4 ] and immediately took the ...
The Message from Mississippi is a state-sponsored 1960 segregationist propaganda film produced by the Mississippi Sovereignty Commission, [1] a state government agency established to promote and defend segregation in the wake of the Brown v. Board of Education U.S. Supreme Court decision desegregating public schools.
A committee of the Louisiana Senate voted on Tuesday to retain the state’s tax incentive for film production, while reducing the cap on the program from $150 million to $125 million. Last week ...