Here’s an interesting blog post from the L.A. Times, detailing how filming projects “continue to fall” in Los Angeles:
“The holiday season is bringing little cheer to the local production economy: location shoots on the streets of Los Angeles fell across all categories last week, reflecting a continued slowdown in film activity during the fourth quarter.”
Why? Simple. Taxes. California does offer tax credits but other locales appear to be offering sweeter deals.
Here in Georgia, of course, you can scarcely traverse a city block without running into a television or movie project underway. Feature films including “Parental Guidance” and “Neighborhood Watch” are wrapping up after months of shooting; television projects including “Local Talent,” starring Nathan Lane and “Coma,” with Geena Davis, have gotten cranked up recently and a slew of made-in-Atlanta films are due for 2012 release.
Generous tax incentives passed by the state legislature in 2008 explain the booming film industry, putting scads of people to work. Here is an article from today’s AJC about local real estate professionals who are doing quite a bit of business helping production companies locate places to film, warehouse or office space, or temporary housing for their stars.
Explained commercial real estate veteran John Raulet: “The real estate market has been battered and all of a sudden these movie people roll into town. It’s helping a lot of people.”