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Michigan Film Tax Incentives – Best in the Nation

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

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.
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New York Times features Michigan Film – Dream Factories Aim to Replace Auto Sites

Sep-08-2009

By DONNA PAUL
Published: September 8, 2009
DETROIT — In the midst of a recession that has been particularly brutal in Michigan, a number of construction projects are on the verge of getting under way in a most unlikely business: the film industry.
The recent surge of interest was set in motion in April 2008, when Gov. Jennifer M. Granholm signed a 14-bill package into law, which among other things provided a 40 percent tax credit or cash rebate for studios on their business tax returns in Michigan. An additional 2 percent rebate is available for films produced in 103 communities.

There is also a 25 percent infrastructure credit, which is applied against expenditures on construction of a studio and its contents, said Janet Lockwood, director of the Michigan film office.

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raleighmichiganstudio

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Raleigh Michigan Studios – Wonderstruck – Unity Studios Allen Park

Aug-13-2009

Raleigh Michigan Studios – the Pontiac studio financed by  A. Alfred Taubman, Linden Nelson,  John Rakolta Jr. and William Morris Endeavor – Ari Emanuel has arranged the $75.8 Million required to break ground in 30 days on ten soundstages to be ready for summer 2010 according to Steve Lemberg, CFO of RMS.   Meanwhile Jimmy Lifton’s Unity Studios in Allen Park while delayed from its June groundbreaking continues toward the October opening of The Lifton Institute and the initiation of the bond issue needed to fund the land purchase.  Wonderstruck Studios, which was formerly announced to take shape at the temporary MGM Grand facility may be considering another location.

raleighmichiganst

Raleigh Michigan Studios

Raleigh Michigan Studios

Full Article from the Detroit Free Press Katherine Yung:
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Raleigh Michigan Studios

Jun-04-2009

[Editors Note:  Raleigh Michigan Studios is the new name of the studio now according to CEO Linden Nelson]

Motown Motion Pictures Studios (Raleigh Michigan Studios) closed land purchase agreements and welcomed Governor Jennifer Granholm and members of President Obama’s Auto Industry Task Force to tour the facility. In the works is a major Sound Stage film production facility with educational training programs with a goal to employ 3,500 Michigan residents with expansion to 15,000 in coming years. A partnership between Nelson Ventures, The Taubman Group, and William Morris Endeavor’s Ari Emanuel. Ari spoke at the Mackinac Policy Institute recently to discuss Michigan and the importance of the auto industry to entertainment and his plans for the studio:

Ari Emanuel : Entrepreneurial Diversification Session with panel from Alan Languirand on Vimeo.