Big growth likely for Georgia’s film industry
ATLANTA (AP) — Georgia's film industry is booming, and big plans are in the works for major studio projects.
years, Georgia's been a prime location for filming and now is seeing
tens of millions of dollars invested to build critical infrastructure.
At least five major studio developments or expansions have been
announced in recent months.
The state estimates that productions
filmed in Georgia last fiscal year generated $3.1 billion in economic
impact, a 29 percent increase from the year before.
Deal says Georgia is an attractive film destination largely because of
its tax incentive program, which provides a 20 percent tax credit for
companies spending $500,000 or more on production and post-production in
the state. An additional 10 percent credit is available if the finished
project includes a state promotional logo.