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Michigan Film Tax Incentives – Best in the Nation

Film Finance and Film Tax Incentives Require a Film Budget

Mar-08-2011

In the motion picture industry film finance and film tax incentives require a film budget which is custom created by a veteran line producer.  Investors likewise insist on having a detailed, accurate and reliable film budget created for their film financing endeavors.   Reliable film budgets are also fundamental for bank loans, equity, gap financing and for foreign sales agents to review a project.

A movie budget is naturally needed also for a Completion Bond company to take on a film production for consideration and bonding, which is a necessary step for film finance as well.  By having accurate and proven numbers these companies and individuals may realistically evaluate your movie production proposal.  Whether you are in the market for an indie film budget and schedule or a major studio movie budget, FilmBudget.com has many years of experience at both.

Without numbers to back up your pitch everyone in the room is guessing at what the film budgets may be rather than having a solid knowledge.   Additionally, without film budgets in hand, those requesting funding certainly appear unprepared and lacking the knowledge and experience to surround themselves with a professional producer whom can create the movie budget and speak to its authenticity.

You may only get one shot at your investors.   Make sure it’s the best presentation of a film finance plan, film budget and schedule that it can be.  Contact Filmbudget.com for film tax incentives, credits, co-productions and detailed film budgets by a seasoned professional with decades of experience on set and in the trenches!

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A Michigan Film Industry Town Meeting

Feb-19-2011

As a devoted member of Michigan’s film industry, Mitch Albom and Kenneth Droz Consulting invite you to

A MICHIGAN FILM INDUSTRY TOWN MEETING

THOUSANDS SHOWED UP FOR THIS!!!

An organizational and informational event to most effectively communicate to Michigan’s legislators, governor and voting public why the film incentive program (among other issues), should be preserved.

WHEN: Thursday, February 24, 7:30pm
WHERE:

Rally to save the film/tv credits in michigan has NEW LOCATION:

Laurel Manor (Banquet Center) , 39000 Schoolcraft, Livonia. THURS 7:30.

Google Map:  http://tinyurl.com/townmeetingMap

Featured Speakers:
Mitch Albom, Free Press Columnist
Jeff Daniels, actor/filmmaker
Mike Binder, filmmaker and Michigan native
Vicki Barnett, Michigan State Representative
Andy Meisner, Oakland County Treasurer, and former State Rep.
Philippe Martinez, Maxsar Studios CEO
Emery King and Jim Burnstein, Chair and Vice-Chair, MFO Advisory Council
Chris Baum, Film Detroit/Detroit Metro Convention & Visitors Bureau
Nathaniel McClure, CEO Scientifically Proven Entertainment
Mark Adler, Mich. Production Alliance
Selected working college graduates and undergraduates
Ken Droz, Consultant and former MFO Communications Mgr.
Provided will be various evidence and informational points, legislators’ names and contact info, and strategic methods on conveying the most effective message possible, for legislative officials and districts statewide.

Hosted by Mitch Albom, Kenneth Droz Consulting and Maxsar Digital Studios
Open to the press and general public.

All Facebook postings are welcome and encouraged.

The first name in Michigan Film

Video :  Mitch Albom Reacts to Governor\’s Budget Proposal

FilmBudget.com

Raleigh Michigan Studios

Dec-15-2010

Raleigh Michigan Studios complex in Pontiac Michigan to commence movie productions this spring in 630,000 square foot project.   The $80 million movie studio will anchor and launch the Michigan film industry as a homegrown and sustainable production center.   CEO Linden Nelson stated nine sound stages will be created for film and television production employing up to 3,600 film crew members and support staff.  Journalists and guests were given a tour of the former GM transformed site.  Read the Free Press article.

Worldwide states, countries and jurisdictions everywhere are increasing their film tax incentives, credits and rebate programs aimed at luring film production companies to their areas.  They all realize that film production has an economic activity multiplier effect and actively work to draw film producers and directors to make their movies in their towns, villages, cities, provinces and states.    Governments understand the financial boost to their tourism efforts, greatly needed inward economic expenditure and the increased local creative energy and opportunities delivered to those creating intellectual property – for America a major U.S. export commodity.  Support the Michigan Film Incentive Program.  Contact your representatives.

 

George Clooney to bring “The Ides of March” to Michigan

Oct-28-2010

Filmmaker / movie star George Clooney is reportedly bringing the Exclusive Films and Appian Way production of “The Ides of March” to shoot in Michigan in February.   As reported in The Detroit News, The Free Press and Deadline Hollywood, Clooney is set to star and direct the adaptation of Beau Willimon’s off-Broadway production of “Farragut North”.  Also starring in the film are Paul Giamatti, Evan Rachel Wood and Marisa Tomei.    The film is financed by Exclusive Films & Cross Creek Pictures in a partnership with Leonardo DiCaprio’s Appian Way Productions.  (More on facebook.com/moviebudget)

Update:  ”The Ides of March” has now been approved for the Michigan Film Tax Incentive Program.  It is anticipated the movie will now shoot in Detroit and parts of Ohio.

Read The Detroit News article

George Clooney

Michigan Film Production | The Ultimate Source for Michigan Production | The Michigan Film Source and guide to Michigan Film.

The First Name in Michigan Film.

To move your movie from screenplay to production get your film financiers a movie budget & schedule  FilmBudget.com

Motown Becomes Movietown | The Wall Street Journal

Sep-16-2010

Excerpt from The Wall Street Journal article, read the full story here

Across the street from a landscape of vacant houses and overgrown front yards, homicide detectives gather to investigate a murder. They analyze clues and debate how best to interrogate the key witnesses. Then, the director yells “Cut!” and everyone heads to a catered lunch of shrimp scampi and beef tenderloin.

photo illustration by Mick Coulas; Brian Widdis for The Wall Street Journal

The set of the gritty cop show “Detroit 1-8-7″ is one of more than 100 film and television productions that have flocked to Michigan in the last two years, the result of generous tax rebates. Producers have spent nearly $350 million in the state so far, a figure expected to reach $650 million by year’s end, up from $2 million in 2007, according to the Michigan Film Office. About 80% of these shoots take place in and around this iconic but much-maligned city, sprinkling a little stardust, optimism and controversy along the way.

Workers who used to build cars are learning to build sets. The entertainment sector is “a lifeboat as the auto industry adapts and restructures,” says Wayne County Executive Robert A. Ficano.

Signs of activity are everywhere. Hip-looking film-school grads on bicycles run errands in an empty warehouse that once served as a Chrysler distribution center and is now a cavernous 166,000-square-foot production studio for “Detroit 1-8-7.” Sets for the show, premiering on ABC Sept. 21, include a city morgue and a homicide unit with cluttered police desks and corkboards covered with mug shots.

The dilapidated Michigan Central Station, once a transportation hub, with marbled floors and Corinthian columns, has served as a symbol of urban ruination for years. It’s now a key location for productions including “Transformers 3″ and HBO’s “Hung.” On Tuesday “Hostel: Part III” and “Vamps,” a horror-comedy with Sigourney Weaver, both shot in the city’s neo-Gothic Masonic Temple. When “Harold and Kumar 3″ finished a scene this summer that required turning a downtown street into New York City at Christmas, set designers left the fake subway entrance intact, knowing another production would soon need it.

Read the entire story in the  Wall Street Journal Article

Michigan Film Production | The Ultimate Source for Michigan Production | The Michigan Film Source | Since 1985

Move your production forward with an expert movie budget from a veteran film producer. Contact Us to obtain quality movie budgets and schedules to move your script to the screen. Film financiers, bond companies, banks, lenders and investors require quality film budgets from a seasoned professional line producer with extensive experience in the field. Filmbudget.com creates film budgets for production.

Raleigh Michigan Studios Declared a “Promise Spotlight” Success Story by Governor Granholm

Aug-26-2010

Governor Granholm today touted Pontiac, the studio and sound stages of Raleigh Michigan Studios as a “Promise Spotlight” success story during the 2010 Emerging Cities Summit in Lansing. CEO Linden Nelson has stated that an official grand opening will be held toward the end of the year with soundstages open for business in February or March 2011.

Read the official press release

Michigan Motion Pictures Studios

Michigan Film Production, Inc. founded by Producer Jack Binder (“Reign Over Me”, “The Upside of Anger”) is the ultimate source for Michigan production.

Filmbudget.com likewise founded by Jack Binder is the international leader in worldwide film budgets and schedules and film tax incentives consultant.

Film Budgets by a seasoned professional for your Michigan Film Production make all the difference to film financiers.

Raleigh Michigan Studios Breaks Ground Construction Commenced

Jul-27-2010

Michigan Film Production | Michigan Motion Pictures Studios

film and “teaching studio” complex in a former General Motors truck and bus manufacturing facility in Pontiac should be up and running early next year, said Linden Nelson, chairman and CEO of Michigan Motion Picture Studios LLC.  At 5 p.m. today, Gov. Jennifer Granholm and others will participate in a ceremonial groundbreaking at Centerpoint Parkway, but work already has begun on the site to convert the defunct plant into Raleigh Michigan Studios.      From The Detroit News

Film Budget | Movie Budgets | Film Tax Incentives

ABC’s “Detroit 1-8-7″ First Network Primetime TV Series for Michigan

Jun-17-2010

ABC television networks new series “Detroit 1-8-7″ starring Michael Imperioli (“The Sopranos”) is a major victory for the Michigan Film Incentives bringing Detroit its first network primetime tv series.

Read the Detroit Free Press article

Michigan Motion Picture Studios $28 Million Bond Approved

May-27-2010

Movie studio is a go for Pontiac

Louis Aguilar/Detroit News

Michigan Motion Picture Studios L.L.C. film studio got final approval for $28 million in bond financing, the last hurdle to build a major film complex at General Motors Co. Centerpoint BusinessCampus in Pontiac.

Michigan Motion Pictures Studios

The board of the Oakland County Economic Development Corp. gave final approval this morning of the bond.

“It’s a green light, it’s a go,” said Mary Langhauser, Oakland Co. supervisor for financial services, who attended the meeting.
Read the rest of this entry »

Film Budgets : Cannes film budgets key for investors – financiers – incentives

Apr-30-2010

Cannes Film Festival and Film Budgets

Cannes Film Festival approaches and the current update is that more than ever sales agents are asking for lower film budgets to match the expectations of the market. Europe remains wrestling with financial troubles and the film business is certainly affected. Expectations are for lower foreign sales and therefore your business plan and movie budget must be adjusted to reflect that reality.

Film Budget

The film budget is the core element of a sound business plan for film financiers, investors, banks, and foreign sales agents. Is yours ready for the Cannes film festival and market. Is it reliable and current?  These are key considerations when preparing your film and television project. Filmbudget.com is the international leader in worldwide film and television budgets and schedules. Quality movie budgets and schedules matter.

Line Producer

A Line Producer creates the film budget based on years of experience in the field. Those engaged in film finance and movie investing demand quality, accurate budgets by a seasoned veteran – so should you. Get a quality movie budget from a veteran producer with 25 years experience.

Contact: Film Budget

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