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The cost to the state for the jobs created by the film tax credit program was $324,838/FTE job. At a 2011 legislative hearing on the film tax credit program, policy analysts from Massachusetts think tanks criticized the film tax incentive program. [40] Critics have also complained that much of the tax credit money goes to cover the pay of ...
Hollywood East is a term for the multiple efforts to build film industry agglomerations on the East Coast of the United States.Recently, the term has been applied to the growing film industry in New England, particularly in Massachusetts [1] and Connecticut, [2] that served as home to the production of over 140 major motion pictures and television series between 2000 and 2013. [3]
When Governor Phil Murphy took office, he instated the New Jersey Film & Digital Media Tax Credit Program in 2018 and expanded it in 2020 and 2023. The initial benefits in 2018, prior to expansion, included a 30% tax credit on film projects and a 40% subsidy for studio developments. [18] [19] [20] [21]
When people discuss busy U.S. production hubs outside of Los Angeles and New York, they tend to namecheck Georgia and New Mexico. But since Massachusetts enacted a 25% film and TV credit in 2007 ...
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New England Studios is a film production facility located in Devens, Massachusetts. [1] Established in 2012, it has quickly become a prominent hub for the film and television industry in the New England region. [2] The studio is known for its modern facilities, versatile soundstages, central location in New England, and on-site rental department.