‘House of Cards’ Receives Maryland Tax Credit

Kevin Spacey Emmys

The Netflix series “House of Cards” will shoot its third season in Maryland after reaching a deal with Governor Martin O’Malley.

Production company Media Rights Capital had threaten to leave the state because it looked like Maryland would fall short of meeting the same level of tax credits the show received in previous seasons, igniting a debate among lawmakers over the value of incentives. Some elected officials said that the company’s position felt like extortion.

The show will receive a total of $11.5 million this year — less than the $15 million the production company had been reportedly expecting but apparently enough to stay in the state.

The series had delayed the start of season three to June as state lawmakers raced to come up with funding. Although the Maryland General Assembly came up short in boosting its tax credit program earlier this month, O’Malley’s office said that they negotiated with MRC in the weeks since then to come up with the $11.5 million package that includes productions credits and state budget grants.

“Spoiler alert: We’re going to keep the 3,700 jobs and more than $100 million of economic activity and investment that ‘House of Cards’ generates right here in Maryland,” O’Malley said in a statement. “Media Rights Capital has been a great supporter of the people and entertainment community in Maryland, and we couldn’t be happier to continue our partnership.”

Asif Satchu, co-CEO of MRC, said that the show “is the gift that keeps on giving, having injected hundreds of millions of dollars into the local economy, while also helping to provide thousands of jobs to our Maryland community.”

Filed Under:

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 3

Leave a Reply


Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

  1. Dennis says:

    Martin O’Malley, the governor of Maryland, is known for wild exaggerations. This is another. $100 million dollars? From a little show like this? Wow.

  2. 3700 jobs and $100 million from a few hours of filming? What a lie that is! Just like the series.

  3. johntshea says:

    Great idea! ALL Marylanders should now demand money from the Governor or leave. And not just Marylanders.

More Biz News from Variety