California Governor Gavin Newsom announced that a number of film projects produced by major studios and independent units have been selected by the California Film Commission to receive financial support under the state’s latest round of tax credits
California Governor Gavin Newsom has announced that 48 film projects—including both major studio productions and independent films—have been selected by the California Film Commission to receive financial support through the state’s latest round of Film and Television Tax Credit Program incentives.
Among the selected projects are five major studio features, including the sequel to Sony Pictures’ “One of Them Days” (produced by Issa Rae), which is expected to spend more than $39 million in qualified expenditures and receive nearly $8 million in tax credits. An untitled Netflix project will receive the largest credit of this round at $20 million, with $106 million in qualified expenditures. The remaining 43 projects are independent features, with 37 of them operating on budgets of $10 million or less, supporting the state’s goal of expanding access for underrepresented filmmakers and promoting inclusive storytelling.
Collectively, these 48 projects are projected to generate $664 million in total economic activity throughout California, including $485 million in qualified expenditures and over $302 million in wages for California workers. The slate is expected to employ more than 6,500 cast and crew members, as well as 32,000 background performers (measured in days worked), across 1,346 filming days. More than half of the films will be shot in the Los Angeles area, while 22 projects will conduct significant filming outside of Los Angeles, spreading economic benefits to regions such as Ventura County, the Bay Area, El Dorado and Placer Counties, San Bernardino and Riverside Counties, Kern County (Bakersfield), and coastal communities like Half Moon Bay and Costa Mesa.
This latest round of tax credits marks the ninth allocation in the current fiscal year and is part of Governor Newsom’s broader initiative to expand the program’s annual funding from $330 million to $750 million, pending legislative approval. The increased funding and expanded eligibility are intended to help California remain competitive as a global production hub amid growing competition from other states and countries offering more aggressive incentives.
Legislators have also proposed increasing the base tax credit for projects from 20% to 35% (and up to 40% for filming outside the Los Angeles area), and broadening eligibility to include more types of productions such as sitcoms, animated series, and large-scale competition programs.




Leave a Reply