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$58M in Tax Incentives Boost California’s Entertainment Tv Industry: 12 New TV Series Flock to the State

California has allocated $58 million in tax credits to support five television projects expected to generate $386 million in economic activity through filming in the state.

California Boosts TV Industry with $58M Tax Credit for New Shows, Including ‘All’s Fair

According to The Business Journals, California is supporting its TV industry with $58 million in tax credits for five new television projects. These shows are expected to spend about $386 million and film over 438 days in the state. Colleen Bell, who leads the California Film Commission, praised the initiative for leveraging local resources and talent.

One standout project is “All’s Fair,” a legal drama by Ryan Murphy and Kim Kardashian, receiving $14 million in tax credits. It plans to spend nearly $70 million, employs over 1,200 crew members, and features 685 cast members along with 15,870 background performers. Other new productions include “Lot Patrol” and HBO’s “Latitude,” which resolved scheduling conflicts to rejoin the program.

READ ALSO:  10,200+ Vouchers Issued: Minnesota’s ‘Lights On’ Program Revolutionizes Traffic Stops, Fostering Positive Community Relations

$58M in Tax Incentives Boost California’s Entertainment Tv Industry: 12 New TV Series Flock to the State (PHOTO: Deadline)

California Tax Incentives Drive TV Industry Growth and Job Creation in 2024

These tax incentives aim to attract more TV productions to California, creating jobs and boosting the economy. So far in 2024, the program has brought in 12 new TV series to the state, showcasing California’s appeal as a top filming location.

READ ALSO: $20,000 Forgiveness Uncertainty: How To Negotiate A Student Loan Payoff!

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