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.
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Kid Rock and Governor Jennifer Granholm describe their support for the 42% Michigan film tax incentive. Michigan Film Production applauds their efforts and emphatic backing of one of the great success stories coming out of Michigan.
Michigan Film Production – Michigan’s Film Producer
FilmBudget.com and MFP have renewed their agreement to join forces providing the most detailed, quality, accurate and proven professional Michigan film budgets and schedules to the local movie industry and throughout the world, to assist filmmakers obtain the 42% Michigan film tax incentive. FilmBudget.com is the international leader in worldwide feature film and television budgets and schedules. From the Producer of “Reign Over Me” (Adam Sandler, Don Cheadle, Liv Tyler) [Columbia Pictures], “The Upside of Anger” (Kevin Costner, Joan Allen, Kerri Russell) [New Line Cinema], and many more, including 100′s of movie budgets and schedules created for studio and independent production companies, producers, directors, writers and financiers on every continent.
Michigan Film Production, the Ultimate source for production in Michigan continues to produce feature film and television, advise, consult and provide invaluable resources to studios, independents, producers, etc. whom wish to film Michigan. As Michigan’s premiere producer, MFP was instrumental in the formation of the Michigan film tax incentive and advises clients on getting their best bang for the buck in Michigan.
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City of Allen Park officials announced a major movie studio deal Tuesday that will create a $146-million, full-service movie, television and new media production studio. Project is named Unity Studios. Unity Studios on Facebook
The factory will be built on 104 acres in Allen Park and include 750,000 square feet of production, post-production and production support services facilities with eight sound stages.
A Michigan State University study declares the Michigan Film Incentive is a Major Hit! With 32 films completed in 2008 alone the program is well on its way to achieving its goal of stimulating the Michigan film and television production industry. Michigan Film Production, Inc. (MFP) has lead the charge in helping craft this legislation via high level communications with the relevant parties including the Governor. Michigan Film Incentives are fully supported by the State Legislature and by Governor Granholm. Film Michigan for the 40-42% film incentive rebate.
Much awaited Michigan stage and studio facilities have been announced as approved for funding & Michigan film tax incentives which will bring more Michigan films and more jobs. Raleigh Michigan Studios, (formerly called Motown Motion Picture Studios) in Pontiac & Detroit Center Studios in Downtown Detroit were announced in the Governor’s State of the State speech. Both Michigan and Detroit stages and studios will enable around the year production and are a major infrastructure support development for the Michigan Film industry enabling additional Michigan film production opportunities. With 71 films approved since last April for film incentive this year will be a landmark year in Michigan film production. From script to screen MFP is your source to film Michigan.