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Old 08-28-2019, 04:59 PM
 
566 posts, read 195,254 times
Reputation: 822

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Georgia's billion-dollar film industry is a star for the Georgia economy, but it still loses too much post-production work to Hollywood.

Len Gibson and Wayne Overstreet say it doesn't have to be that way. Their new company, Go Media Productions, is investing $150 million into Georgia's film business that will keep those important post-production jobs like film-editing, sound design and special effects from being lost to the West Coast.

"Until we're able to secure post-production we will always be susceptible to Hollywood deciding they could leave," Overstreet told Atlanta Business Chronicle. "We indirectly assure that the $150 million is spent in Georgia, on business in Georgia, and with Georgia firms..."

FULL STORY: https://www.bizjournals.com/atlanta/...rgia-film.html

SOURCE: Atlanta Business Chronicle
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Old Yesterday, 07:08 PM
 
3,267 posts, read 1,520,061 times
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My phone kept messing up. How exactly are they making money off their investment?
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Old Yesterday, 10:19 PM
 
5,276 posts, read 3,399,091 times
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Quote:
Originally Posted by DreamerD View Post
My phone kept messing up. How exactly are they making money off their investment?
Presumably, they'd be starting a post production facility that could charge movies big bucks to perform their services.
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Old Today, 11:17 AM
 
29,578 posts, read 26,644,910 times
Reputation: 10384
This sounds huge. I'm not sure where the facility will be located but it could be a fantastic opportunity for the business community to get involved in transit funding.
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