Gov. Schwarzenegger decries film productions moving out of state

Published Friday May 9th, 2008

SACRAMENTO, Calif. - Gov. Arnold Schwarzenegger says California must increase tax incentives to movie and television studios as a way to keep them from moving their productions out of state.

Caption
THE ASSOCIATED PRESS/Rich Pedroncelli
Gov. Arnold Schwarzenegger responds to a question during an interview, April 29, 2008.

He says incentives being offered by other states are luring studios away and costing California tens of thousands of jobs.

His comments on Friday came days after Walt Disney Co.'s ABC Studios said it was planning to move production of its popular "Ugly Betty" television show from Los Angeles to New York.

A new law there triples New York's film tax credit. Companies can receive a 35 per cent credit if at least three-quarters of their production is filmed in the state.

Schwarzenegger told reporters in the state capital that he has been pushing California lawmakers to approve tax incentives for the film industry for the past four years. So far, he has not succeeded.

Please Log In or Register FREE

You are currently not logged into this site. Please log in or register for a FREE ONE Account.
Logged in visitors may comment on articles, enter contests, manage home delivery holds and much more online. Your ONE Account grants you access to features and content across the entire CanadaEast Network of sites.
Advertisement
Advertisement

Search Articles