×
You will be redirected back to your article in seconds

‘Nightcrawler,’ Expanded California Film Tax Credit Draws Optimism

Optimism abounded Wednesday over the expanded California Film Tax Credit program, with producers of Jake Gyllenhaal starrer “Nightcrawler” touting the benefits of shooting in Los Angeles.

“L.A. looks great, and there’s a commercial benefit to having a film that looks great,” said writer-director Dan Gilroy at the California Film Commission’s 10th annual breakfast, attended by about 200 at the Sofitel Hotel.

Producer Jennifer Fox noted that the film, shot in fall 2013, provoked an enthusiastic response from cast and crew about working locally. “This is a film where people had to take a pay cut; they wouldn’t have done that if they’d had to have left town,” she said.

Nightcrawler,” made for $8 million with a $2.3 million tax credit from the state, grossed over $32 million in the U.S. Gilroy won Spirit Awards for script and first feature and was nominated for an Oscar in the original screenplay category.

The breakfast took place with the commission in the midst of implementing new rules for the state’s tax credit program, which has more than tripled in size to $330 million annually. It now covers big-budget features and replaces a lottery with a jobs ratio program as the key factor in determining which projects are selected.

California has allocated $800 million in production tax credits over the past six years, noted the commission’s exec director, Amy Lemisch. “Our phones are ringing non-stop,” she added.

“Nightcrawler” producer David Lancaster noted that his film had not been originally selected in 2013 as one of the 31 selected out of 380 applicants.

“The lottery system is over, thank goodness,” he added. “It would be exciting to shoot more in California.”

Lancaster and Fox both said they wanted to shoot in Los Angeles because of the story’s setting, but admitted that they had been prepared to shoot in Louisiana because of budgetary considerations. “The movie would not have had the authenticity if we had shot in Louisiana,” Fox said.

“I think the expanded program is going to be a real shot in the arm for production in the state,” said commission chairman Steve Dayan following the meeting. “We’ve got to start thinking about going to Sacramento in two or three years with our hats in hand to ask to extend and expand the film tax credit.”

Popular on Variety

More Film

  • Inhabited

    ‘Inhabited,’ ‘Sisters,’ ‘Aracne’ Stand Out at Sanfic Industria Prize Gala

    Friday night saw Sanfic Industria close out a week of co-production meetings, screenings and tutoring with an awards ceremony where a handful of the 34 projects and six works in progress at this year’s 6th edition were recognized. In addition to the awards ceremony, Friday night’s festivities included a 10th anniversary party for the partnership between CinemaChile [...]

  • DSCF6823.RAF

    Box Office: 'Angel Has Fallen' Heads for $20 Million Opening Weekend

    Lionsgate and Millennium’s “Angel Has Fallen” is performing above expectations, taking in $7.9 million in Friday’s domestic ticket sales as it heads to a projected $20 million opening weekend. Early estimates originally placed the third installment of the “Fallen” series within the $12 million to $16 million range, but a solid 95% audience score on [...]

  • Juntos

    Juntos Films Production House Launches in Chile with Ambitious Slate (EXCLUSIVE)

    Francisco Hervé of Panchito Films, Moisés Sepúlveda from Madriguera Films and Daniela Raviola, three of Chile’s most exciting international-minded independent producers, have together launched a new indie production house, Juntos Films. Hervé has written, directed (“The Power of Speech,” “The Lost City”) and produced (María Paz González ‘s “Daughter”) several feature films, documentaries and TV [...]

  • Noele trailer Anna Kendrick

    Disney Unveils 'Noelle' Trailer Starring Anna Kendrick, Bill Hader

    Among the many announcements at the D23 Expo, Disney debuted the first look at holiday feature “Noelle,” which is set to premiere exclusively on Disney Plus this fall. “It isn’t Christmas without Santa’s Sister,” Walt Disney Studios said of the film on Twitter. Starring Anna Kendrick and Bill Hader, the Christmas flick tells the story [...]

  • A Hidden Life Movie Austria

    Film News Roundup: Austin Festival Selects Terrence Malick's 'A Hidden Life'

    In today’s film news roundup, the Austin Film Festival selects a Terrence Malick title, “A Day Without a Mexican” gets a sequel and DCR Finance signs a first-look deal. FESTIVAL SCREENING The Austin Film Festival will screen Terrence Malick’s “A Hidden Life,” which won the Francois Chalais and Ecumenical Jury awards at the Cannes Film [...]

  • Blake Lively

    Blake Lively's 'Rhythm Section' Moved Back to 2020

    Paramount Pictures has moved the release date of Blake Lively’s “The Rhythm Section” back two months from Nov. 22 to Jan. 31, 2020, the weekend of Super Bowl LIV. The spy tale, adapted from Mark Burnell’s novels surrounding character Stephanie Patrick, is produced by James Bond producers Barbara Broccoli and Michael G. Wilson through their [...]

  • The Mandalorian

    'The Mandalorian': Watch the First Trailer for 'Star Wars' Series

    The gunslinging lone warrior — the Mandalorian, as they call him — calls the far reaches of the “Star Wars” galaxy home. Disney dropped the first trailer for the spinoff series during its biennial D23 convention on Friday, finally giving fans a closer look at the franchise’s newest character. “The Mandalorian” creator Jon Favreau, who [...]

More From Our Brands

Access exclusive content