California just awarded $116.2 million in tax credits to 28 new films, part of its expanded $750 million annual fund to keep Hollywood productions local. It was announced that 38 films were part of the tax incentive but we now have an in-depth breakdown of which independent and non-independent films are receiving the grant!
Some studio headliners include a Snoop Dogg biopic (Universal, $17 million), Ang Lee's "Gold Mountain" ($7.6 million), a Glen Powell-produced film (Sony, $9.9 million), and Gina Rodriguez's "Guerrero" ($4.4 million).
The state estimates this round will generate over $562 million in spending and create thousands of jobs. It's California's major play to stop productions from leaving for other states and countries.
Read more about the incentives here! https://deadline.com/2025/12/california-tax-credits-films-1236650657/
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Is not charging somebody tax a 'fund'? I'd like to see a hundred million minimum in cash money being given to film makers TOGETHER with tax relief.
Movies make money - even average ones double the investment at box office and that's before streaming.
But what do I know, I only write stuff.
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Sam Rivera I suppose it depends on how one defines "create" and "job" - the program is most applicable to the studios, as it requires the production to meet "prevailing wages" which means union all around, which means larger budget, and also means people that are already in the industry, not new people. And the soundstage tax credit can stack on it for a studio who renovates their sound stage and then shoots a film in that stage. The doubling of the tax credits (from ~$350m to ~$750m) were a response to studio screaming and threats to move to Georgia (where the 700+ acre Pinewood Studios was sold to Trilith Studios, owned by Chic-fil-a, and sits largely empty) and its hefty tax credits. This certainly didn't stop Disney downsizing, or Warner Brothers axing 10% of its workforce... All while the majors announce plans to create production hubs outside of the state.