Hilton pitches uncapped 40% film tax credit to woo Hollywood back to California
The Ankler reports that California GOP gubernatorial candidate Steve Hilton, in talks with David Ellison, Ted Sarandos and Jon Voight, is pushing an uncapped film tax credit that could reach forty percent of production costs, covering star salaries, animation and postproduction.
Why it matters. Studios and productions weighing where to shoot gain new leverage to demand richer incentives if California adopts an uncapped credit to compete with other states.
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