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It's one part of it. It's why the new writers, actors, directors, producers start their careers here as if nothings changed.
It's why they're based here.
The fact is all these cheaper locations have failed to take la's companies and never will.
Toronto and Vancouver have been cheap forever. And they've taken nothing.
Atlanta or NYC won't either. They're just cheaper, that's all.
Filming is not "one small part of it." Filming is a HUGE part of it! The majority of a film's budget is for PRODUCTION > FILMING! And that money, more and more of it, is being spent in the state of Georgia and NOT California! Last year alone, $1.7 BILLION was spent making movies in Georgia!
As I've stated too many times in this thread to mention, the loss of TV and film jobs in Los Angeles has been real. It's been widely reported in LA media including Vareity, Hollywood Reporter and the LA Times, and it is why the California legislature is under so much pressure to come up with some kind of tax breaks to lure the industry back. These are FACTS. Google it!
Everyone knows.
Atlanta was nothing before tax credits. No one has proved it was anything, except for some cable channels, Tyler perry, and reality shows.
It's one part of it. It's why the new writers, actors, directors, producers start their careers here as if nothings changed.
It's why they're based here.
The fact is all these cheaper locations have failed to take la's companies and never will.
Toronto and Vancouver have been cheap forever. And they've taken nothing.
Atlanta or NYC won't either. They're just cheaper, that's all.
They aren't cheaper. Georgia basically will cover 30% of a budgets expenses. There is no cap on how many movies get the tax cut in very general terms.
Again, At least, I'm not saying ATL does not having a growing film industry. I think the concern is how sustainable their tax incentives are in the long run. What will probably happen is that they will cap the incentive if it turns out that the investment made is not getting the return they expect or if there are budget issues in GA. Right now, things seem to be going great. However, I would def be concerned given how other states that have scaled back their incentives were impacted. I just don't see how GA is any different given NC, LA, and other states, which have studios as well, were negatively impacted by the cut of their programs. I mean, look what happened to LA when they capped their incentive. Their program before was very similar to GA's. But look what's happened in 2016. CA is no different and once they changed their incentive program production came back.
I will now excuse myself from this argument because there are no winners.
Last edited by jamills21; 05-09-2016 at 01:41 PM..
Again, At least, I'm not saying ATL does not having a growing film industry. I think the concern is how sustainable their tax incentives are in the long run. What will probably happen is that they will cap the incentive if it turns out that the investment made is not getting the return they expect or if there are budget issues in GA. Right now, things seem to be going great. However, I would def be concerned given how other states that have scaled back their incentives were impacted. I just don't see how GA is any different given NC, LA, and other states, which have studios as well, were negatively impacted by the cut of their programs. I mean, look what happened to LA when they capped their incentive. Their program before was very similar to GA's. But look what's happened in 2016. CA is no different and once they changed their incentive program production came back.
I will now excuse myself from this argument because there are no winners.
ONCE AGAIN (please pay attention): More than $1.7 billion was spent on film and TV production in Georgia in FY 2015 with a gross statewide economic impact of more than $6 billion. This was on a tax credit program that cost the state approximately $200 million in revenue; NOT money budgeted by the state that was given BACK to film and TV projects, but tax money that was NEVER COLLECTED! And unlike any other state in the nation, these CREDITS (just like exemptions you claim on your federal tax return) are TRANSFERABLE ... meaning production companies can SELL THEM to other businesses and industry and make money back!
GEORGIA, unlike Louisiana, is a wealthy state where the economy is BOOMING and the loss of $200 million in tax collections simply is not a big deal, ezpecially when the economic return stateside was $6 BILLION!
Can you understand this? For God's sake will you PLEASE try to understand how this works? Because I'm getting tired as hell explaining it to you.
ONCE AGAIN (please pay attention): More than $1.7 billion was spent on film and TV production in Georgia in FY 2015 with a gross statewide economic impact of more than $6 billion. This was on a tax credit program that cost the state approximately $200 million in revenue; NOT money budgeted by the state that was given BACK to film and TV projects, but tax money that was NEVER COLLECTED! And unlike any other state in the nation, these CREDITS (just like exemptions you claim on your federal tax return) are TRANSFERABLE ... meaning production companies can SELL THEM to other businesses and industry and make money back!
GEORGIA, unlike Louisiana, is a wealthy state where the economy is BOOMING and the loss of $200 million in tax collections simply is not a big deal, ezpecially when the economic return stateside was $6 BILLION!
Can you understand this? For God's sake will you PLEASE try to understand how this works? Because I'm getting tired as hell explaining it to you.
Before I back out again cause your getting angry. I'm sorry bruh, GA is not special. You have not rebutted anything I linked regarding the importance of tax credits in regards to where a film is made. Unless, you can do that, which you have not done, then were just arguing past each other at this point. CA is a very wealthy state as well, wealthier than GA, I'm not sure what being a wealthy state has anything to do with tax credits and where a film chooses to do business. Yes, LA cut theirs because of budgetary woes, however NC did not so that is a moot point.
You're saying Turner is able to do its own production. Im sure it does some, but it wouldn't exist on its own .
It's definitely isn't known for producing content.
Yea, I completely agree. Now go back and try reading what has actually been said.
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