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 Democrats struggle to come up with a unified response to Trump's Iran strikes...  New York’s down-to-the-wire mayoral primary tests deep Democratic divide...  Florida’s Operation Dragon Eye rescues dozens of ‘critically missing’ children in massive sting...  Elon Musk’s Tesla rolls out first robotaxi fleet in Austin trial...
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Heidi Fleiss Biopic, ‘One Of Them Days’ Sequel And Ang Lee’s Latest Among 48 Films Awarded $96M In California Tax Incentives California Gov. Gavin Newsom’s aim to boost the state’s film and television tax incentives program to $750 million annually is on the legislative precipice of coming true, but for the Issa Rae-produced One of These Days sequel, a biopic of infamous Hollywood madam Heidi Fleiss, a mystery Netflix project, the Ang Lee-helmed Gold Mountain and 44 other films, tax credit day has already arrived. In total, with the Netflix feature snagging $20 million alone, the allocation in the latest round of funding for 48 projects announced Monday totals about $96 million. Perhaps reflecting the changing finances and geographical realities of the industry, 43 of those 48 projects are independent films, with many working with budgets of $10 million or less. Watch on Deadline The wear and tear of Donald Trump’s erratic tariffs policies aside, as Texas hikes its incentive program to $150 million a year, Canadian provinces put more on the continental table and New York having recently increased its film and TV tax credits to $800 million a year, the battle to keep production in the home of Hollywood has become ever more challenging over the past year. For instance, when Newsom unveiled his plan to supersize the state’s program from $330 million a year to $750 million, as Deadline exclusively reported, and open
Monday, 06/23/2025, Video Clip |
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