You will be redirected back to your article in seconds

Lawmakers tubthump CA tax incentives

Krekorian talks up much needed boost

Local lawmakers gathered at a press conference Tuesday morning at the 20th Century Props warehouse in North Hollywood to tubthump California’s recent film and television tax incentives.

Assistant majority leader Paul Krekorian, who represents the state’s 43rd district including the San Fernando Valley, described the program as “an immediate boost right now, when we need it the most.”

“There are many people in Burbank, North Hollywood and throughout California whose life depends on film and television production ,” Krekorian added.

Greg Lippe, chair of the Valley Industry and Commerce Assn.’s board of directors, said the program’s 30 existing projects have created 6,000 jobs in the San Fernando Valley, where approximately 60% of the film industry’s wages are earned.

Yet, some in the industry criticize the program for ignoring broadcast pilots. Along with feature film productions of up to $75 million, the incentive covers only cablers and existing TV series that were first shot out of state.

Krekorian said the program will be open to expansion after its initial five-year run, but for now, its aimed at the below-the-line projects most likely to create jobs.

The California Film Commission has received 59 applications, allocating incentives to 30 possible projects, 25 of which have already received credit.

More Biz

  • Bill OReilly Roger Ailes Sexual Harrassment

    Bill O'Reilly, Roger Ailes Still Loom Over Fox's Business (Analysis)

    Local lawmakers gathered at a press conference Tuesday morning at the 20th Century Props warehouse in North Hollywood to tubthump California’s recent film and television tax incentives. Assistant majority leader Paul Krekorian, who represents the state’s 43rd district including the San Fernando Valley, described the program as “an immediate boost right now, when we need […]

  • Éric Salvail Suspends Career After Sexual

    Quebec Radio Star and Producer On Leave Over Sexual Harassment Allegations

    Local lawmakers gathered at a press conference Tuesday morning at the 20th Century Props warehouse in North Hollywood to tubthump California’s recent film and television tax incentives. Assistant majority leader Paul Krekorian, who represents the state’s 43rd district including the San Fernando Valley, described the program as “an immediate boost right now, when we need […]

  • Roy Price

    Harvey Weinstein Fallout: Entertainment Figures Accused of Sexual Harassment

    Local lawmakers gathered at a press conference Tuesday morning at the 20th Century Props warehouse in North Hollywood to tubthump California’s recent film and television tax incentives. Assistant majority leader Paul Krekorian, who represents the state’s 43rd district including the San Fernando Valley, described the program as “an immediate boost right now, when we need […]

  • Harvey Weinstein

    Colony Capital Has Three-Week Window to Avert Weinstein Co. Bankruptcy (EXCLUSIVE)

    Local lawmakers gathered at a press conference Tuesday morning at the 20th Century Props warehouse in North Hollywood to tubthump California’s recent film and television tax incentives. Assistant majority leader Paul Krekorian, who represents the state’s 43rd district including the San Fernando Valley, described the program as “an immediate boost right now, when we need […]

  • Mark Baker Warner Music Group

    Warner Music Group Names Mark Baker VP of Public Policy & Government Affairs

    Local lawmakers gathered at a press conference Tuesday morning at the 20th Century Props warehouse in North Hollywood to tubthump California’s recent film and television tax incentives. Assistant majority leader Paul Krekorian, who represents the state’s 43rd district including the San Fernando Valley, described the program as “an immediate boost right now, when we need […]

  • Lupita Nyong'o Harvey Weinstein

    Lupita Nyong'o Details Harvey Weinstein's Advances Toward Her in Op-Ed: 'I Felt Unsafe'

    Local lawmakers gathered at a press conference Tuesday morning at the 20th Century Props warehouse in North Hollywood to tubthump California’s recent film and television tax incentives. Assistant majority leader Paul Krekorian, who represents the state’s 43rd district including the San Fernando Valley, described the program as “an immediate boost right now, when we need […]

  • David Blaine Rape

    David Blaine Accused of Rape by Former Model

    Local lawmakers gathered at a press conference Tuesday morning at the 20th Century Props warehouse in North Hollywood to tubthump California’s recent film and television tax incentives. Assistant majority leader Paul Krekorian, who represents the state’s 43rd district including the San Fernando Valley, described the program as “an immediate boost right now, when we need […]

More From Our Brands

Access exclusive content