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Gene Maddaus

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Hollywood agencies back tax incentive but push for more

Hollywood agencies back tax incentive but push for more

Variety’s Gene Maddaus reports that the American Entertainment Alliance, including CAA, WME and UTA, backs the proposed 20% federal production tax incentive as a “first step.”

Streaming

California’s $750M film credit fails to halt production slide

Variety’s Gene Maddaus reports that FilmLA data released Wednesday shows California production fell 3.7% in the third quarter despite the state’s expanded $750 million film and TV tax credit.

Oct 22
Streaming

Paramount settles state antitrust suit, clearing path for Warner Bros. Discovery deal

Paramount reached a settlement with 12 state attorneys general just before an Oct. 1 deadline that would have triggered a $7 million daily “ticking fee.”

Sep 22
Agencies

California lawmakers rush fix for Hollywood tax credit cap fallout

The Hollywood Reporter’s Katie Kilkenny reports that Assemblymember Rick Chavez Zbur and Senator Ben Allen introduced AB/SB 186 to soften new business tax credit caps on Hollywood.

Aug 31