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Michigan Film Tax Incentives – Best in the Nation

New York Film Tax Incentive $7 Billion Draw | 63,000 Jobs | Hollywood Reporter

Mar-20-2010

N.Y. film tax credit is economic driver
Lawmakers eye extending program through 2015
By Georg Szalai
March 16, 2010, 11:40 AM ET
Updated: March 16, 2010, 10:47 PM ET
NEW YORK — The Empire State’s $420 million production tax credits program, part of the state budget bill lawmakers are considering, has received a shot in the arm.

New York comptroller Thomas DiNapoli issued a report Tuesday that credits previous incentive programs with driving $7 billion into the state’s economy from their 2004 launch through 2008. He also credits the program with contributing to the employment of as many as 63,000 people in 2008, double-digit-percentage job creation since the start of the incentives, as much as $5 billion in wages in 2008 and boosting state and local tax coffers Read the rest of this entry »

Michigan Music Production – Music can benefit from the Michigan film tax incentive

Mar-14-2010

DETROIT (AP) — A little-known state tax break for music producers could help put Motown back on the music map, but theDetroit Free Press says so far no one has taken advantage of it.

The state is offering tax credits of up to 42 percent for the production of music CDs and music videos. The break was designed to attract big-name artists to record in Michigan, which already is home to Eminem, Kid Rock and Bob Segar.

The tax credit has been available since April 2008, but no one has taken advantage of it apparently because it is so little-known.

Industry insiders like Brian Pastoria of Harmonie Park Studios say the incentive has potential to help grow the state’s music business.

Crain’s Detroit Article

Alice in Wonderland – Biggest Opening – Academy Awards – FilmBudget.com

Mar-07-2010

Alice in Wonderland captured $210 Million worldwide and $116,000,000 U.S. domestic box office over the weekend to become the highest grossing non-sequel film of all time.
The Walt Disney Pictures 3D blockbuster, Johnny Depp starrer directed by Tim Burton champions the global box office on Oscar Night for the Academy Awards.

Read the Variety article:

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Editors Note:

Metro Detroit company With A Twist created vfx shots for “Alice in Wonderland”.

ROCHESTER HILLS, Mich. (WXYZ) – The release of the Disney classic, ‘Alice In Wonderland’, has been heavily anticipated for months by movie goers around the country.

Many people are excited about seeing the special 3-D technology that will be featured in the newly revised fairy tale.  Some of those mind-blowing shots were created by a metro Detroit company.

Rochester Hills based With A Twist has strong ties to the development of the 3-D effects that will be seen in this motion picture.  The company was called on to create more than 200 shots in the movie.

Currently employing around 40 people, executives say they expect the company to grow rapidly because of the business they currently have lined up.

25th Independent Spirit Awards Live Webcast

Mar-05-2010


The 25th Independent Spirit Awards live webcast at 5:00pm PST is being webcast at myspace:

link sponsored by FilmBudget.com – Film budgets and schedules for your investors and financiers. The international leader in film and tv budgeting and scheduling since 1986.

Myspace:  Link for Independent Spirit Awards webcast:

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