A Year of Continued Success: The Film Tax Credit Program Closing a Record-Setting 2015
This has been another record-breaking year for the New York State Film Production and Post-Production Tax Credit programs. Projects that received tax credits in the first three quarters of 2015 spent a total of $478.8 million, hired 35,547 people, and provided a significant economic boost to small businesses and local communities throughout New York State.
|
Marvel Franchise Creating Thousands of Jobs for New Yorkers
 New York State is feeling the superhero effect of Marvel's Daredevil and Jessica Jones, two of the four Defender series Marvel is producing in New York State, with thousands of jobs and tens of millions of dollars in economic activity.
Daredevil is currently filming its second season, and the first season of Jessica Jones released on Netflix on Nov. 20. Luke Cage started production late this past summer, with Iron Fist, the fourth installment of Marvel's Defender series, still ahead.
|
Lt. Governor Kathy Hochul Visits Steiner Studios and the Brooklyn Navy Yard
|
| |
L-R: Doug Steiner - Chairman, Steiner Studios; Lt. Gov. Kathy Hochul; Mari-Jo Winkler - Producer,Vinyl.
|
Lieutenant Governor Kathy Hochul visited Steiner Studios and the Brooklyn Navy Yard on Nov. 19, seeing firsthand Governor Andrew M. Cuomo's commitment to the film industry during a tour of one of New York's busiest production facilities. Located at the historic Brooklyn Navy Yard, Steiner Studios is home to many film and television productions that participate in New York State's Film Tax Credit Program.
|
As Post Production Continues to Thrive in New York, Sixteen19 Leads the Way With New Chelsea Space
 Sixteen19, one of New York's premier post companies, is just one of many success stories stemming from the state's Film Tax Credit Program, on track to receive a record number of applications for the fourth year in a row.
For post production, credit level increases to 30 percent (and 35 percent for costs incurred outside of the New York City area) have helped companies like Sixteen19 expand at an unprecedented pace.
|
Governor's Office of Motion Picture & Television Development Launches the "Meet the Team: Reverse FAM Tour Series"
Film Commissions from Across the State Invited to Present Their Regions to Key Filmmakers in NYC
 Familiarity tours, better known as "FAM" tours, are very familiar to those working in film and television production. Regional film offices typically host FAM tours to give industry professionals a one or two-day "eyes-on" look at an area's unique resources and locations.
But with the success of New York State's Film Tax Credit Program (more than 190 projects have already applied this year), it's harder to schedule tours on-site with busy location and production crews.
|
Fall Television Production Boosts New York Economy
|
| |
Michelle Pfeiffer and Robert DeNiro in HBO's The Wizard Of Lies.
|
Fall television production is responsible for record-breaking spending and hiring across New York State. Of the many series, pilots and made-for-TV movies filmed here, four productions alone represent a combined projected New York spend of almost $230 million and nearly 15,000 projected hires.
|
Small Films Can Have a Big Impact
Indie Feature Eyes of My Mother Patronizes Businesses in Mohawk Valley
When a big-budget television series or feature film comes to town, it's not hard to find a whole range of businesses large and small - gas stations and generator rentals, hotels and hardware stores - that benefit from an upsurge in business.
Even the second unit of a large production has a broad impact: Teenage Mutant Ninja Turtles 2 came to Buffalo earlier this year for a highway chase sequence and added some $9 million to the Western New York economy at places like Ink Spot Printing and Ace Hardware/ Schuele Paint. But it's important to note that the highly successful New York State Film Production tax credits don't just benefit big studio projects; over 60 percent of feature film applicants to the program in 2014 had budgets of under $1 million.
|
November Brings Notable Films and Several TV and Streaming Series
Entertainment Stimulating New York State's Economy
 There are always plenty of New York-based productions to see throughout the year. And November is no exception, with Oscar buzz-worthy films, TV and online streaming series, high-quality releases and premieres.
New York State gives producers many reasons to film here, including unparalleled incentives through its Film Tax Credit Program, a large pool of talent, and diverse locations.
|
SAVE THE DATE: November 2015 - January 2016
Film Festivals & Events
South Asian International Film Festival - Dec. 1-6
New York Jewish Film Festival - Jan. 13-26
Snowtown Film Festival - Jan. 29-30
For more information on upcoming film festivals & events,
TV Premieres & Film Releases
Unforgettable - Season 4 - Nov. 27 - A&E
The Wiz Live! - Dec. 3 - NBC
A Very Murray Christmas - Dec. 3 - Netflix
Creed - Nov. 25 - MGM/Warner Bros The Night Before - Nov. 25 - Columbia Pictures
Abysm - Dec. 3 - Isle Empire Pictures
For a list of more upcoming TV & film premieres, click here.
|
|
|
|
Andrew M. Cuomo, Governor Howard Zemsky, ESD President, CEO & Commissioner
|
To sign up for this newsletter, click here. |
|
Copyright © 2015. All Rights Reserved.
|
|
|
|
