The Town with Matthew Belloni

After a Historic Hollywood Tax Break, Is Moviemaking Coming Back to California?

37 snips
Jul 9, 2025
Joe Chianese, SVP of Incentives at Entertainment Partners, dives deep into California's new tax bill aimed at revitalizing the film industry. He explores the expanded film and TV tax incentives, boosting credits from 20% to 25%, and compares California's benefits to those of other states. Joe highlights the shift in the application process and how this impacts independent filmmakers. Additionally, he discusses the landscape of production incentives and examines the potential return of California as a powerhouse in film, all while teasing box office predictions for the upcoming 'Superman' movie.
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INSIGHT

California's Bold Incentive Expansion

  • California doubled its film tax incentive cap to $750 million, making it one of the most competitive U.S. states.
  • The credit rate increased to 35%, and up to 40% for productions relocating from other states or countries.
INSIGHT

Credit Details & Eligible Productions

  • A $100 million movie can get a $35 million credit under California's base credit at 35%.
  • California expanded qualifying productions to include animation, competition shows, and TV under 30 minutes, but not reality TV.
INSIGHT

Outside LA County Incentive Boost

  • California offers a 5% additional credit boost for productions that shoot outside the 30-mile zone of LA.
  • This incentivizes producers to film outside LA County, spreading production more broadly within the state.
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