California Lawmakers Settle on Partial Film Carveout From Tax Credit Cap

California lawmakers have agreed on a partial carveout for the film and TV industry from a state cap on tax credits. The bill, AB 186, was unveiled on Friday evening. It addresses concerns raised in June by the Motion Picture Association and a coalition of entertainment unions, who argued that the cap threatened to undermine […]

The top 3

  1. Leading US States for Film Production Volume: Beyond California, Georgia, New York, and New Mexico consistently rank among the top U.S. states for film and TV production, attracting numerous projects with their competitive incentives and established infrastructure.
  2. Top International Cities for Major Film Productions: Los Angeles, London, and New York City are consistently ranked as the world's most popular cities for film sets, hosting hundreds of major movie productions annually.
  3. Countries with the Highest Annual Film Output: India leads the world in film production volume, producing over 2,500 movies in 2023, followed by China with nearly 800 films, and Japan with 676 films.

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