COVID-19 has complicated the society and overall lifestyle of the people all over the globe, Cinema industry remains no untouched. With Hollywood strategising about its upcoming projects, total 9 big budget films are to be shot in California as a part of it. A list of films were announced to be receiving the funds and tax credits from State incentive’s program, as announced by California Film Commission.
As per a report by The Hollywood Reporter, these nine films will be generating $284 million in qualified in-state expenditures employing the crew of 1,340, 342 cast and 14,397 background actors and stand ins over a combined 374 filming days in California, excluding the people who shall work for post-production.
The titles as a part of this illustrative project are-Gray Man, a big-budget action-thriller by Russo Bros to be aired on Netflix, drama ‘Losing Clementine’ by Jessica Chastain, Octavia Spencer sci-fi thriller Invasion and an untitled Jordan Peele movie, announced as part of his deal with Universal.The first feature projects to qualify for credits since the program’s third iteration launched at the start of the year include sports drama Sweetwater and Dan Gilroy’s Faster, Cheaper, Better. Gray Man’s spending and budget shall of course be more if the expenditures does not qualify the incentives.
Films which are included into the program’s new $10 million-and-under qualified spending category are- Losing Clementine, Nightfall and Sweetwater – the funds will be reserved for such independent small films. As an important objective of the film incentives program, a few films shall be produced in the outer of Los Angeles 30-mile studio zone, with 40-per cent of filming days in the area.
In an interview with The Hollywood Reporter, California Film Commission Executive Director Colleen Bell stated, “After announcing two relocating TV series earlier this month, our new tax credit program continues to get off to a great start with today’s list of film projects. Production activity is ramping back up in California amid COVID-19 with safety remaining a top priority, and Program 3.0 is attracting the kind of big budget films that will generate a considerable amount of jobs and in-state spending”.
