Gene Maddaus Senior Media WriterIf Gov. Gavin Newsom is recalled next week, the entertainment industry will lose a valuable ally in Sacramento.The industry’s top concern at the Capitol is the film and TV tax credit, which provides a 20-25% discount on eligible production spending in the state.
‘Beverly Hills Cop 4,’ ‘Scarface’ Reboot Among Recipients of California Film Tax Credits
23.08.2021 - 19:17 / thewrap.com
In an effort to spread film shoot spending across California, 25% of the estimated shoot hours will take place outside of the Los Angeles 30-mile studio zone, with 14 of the 23 productions expected to shoot outside of LA County in areas like Ventura and Riverside counties, as well as Palm Springs. The next application period for feature films will be held Jan.
24 – 31, 2022. The next application period for recurring and relocating TV series will be held Sept.
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nme.com
24.08.2021 / 23:47
‘Beverly Hills Cop 4’ one step closer to beginning production for Netflix
Beverly Hills Cop 4 is a step closer to starting production after the film was awarded millions of US dollars in tax credit incentives by the state of California.According to Deadline, the long-awaited fourth instalment of the Beverly Hills Cop franchise, which will see Eddie Murphy reprise his role as Detective Axel Foley, will receive $15.8million in tax credits from the California Film Commission.The Netflix and Paramount film joins 13 independent and nine other “non-independent projects” to
nypost.com
23.08.2021 / 22:07
Rockstar Energy founder sells Madonna’s old Bev Hills estate for $30M
the Real Deal reported. Madonna, who is currently building a recording studio in the Hamptons, and ex-husband Guy Ritchie owned the house from 2003 to 2013.
deadline.com
23.08.2021 / 19:31
Kenya Barris, Salma Hayek, Aziz Ansari Projects + ‘Beverly Hills Cop 4’ Among 23 Features Awarded CA Tax Credits
As Axel Foley would say: “Okay, everybody’s ready here, okay.”
variety.com
23.08.2021 / 18:05
Netflix Wins Big as California Doles Out Record $139 Million in Film Credits
Gene Maddaus Senior Media WriterNetflix was the big winner as the California Film Commission awarded a record-setting $138.8 million in film tax credits on Monday.The streaming service got $43.3 million for three projects, including $18.5 million for the Zack Snyder sci-fi epic “Rebel Moon.” Its other winning projects are “Beverly Hills Cop 4,” which was awarded $15.8 million, and an untitled feature with Jonah Hill, which got $9 million.The $138.8 million total shattered the previous record
deadline.com
18.08.2021 / 07:29
George Lopez Endorses Embattled Gavin Newsom As California Governor Struggles Among Latinos
“I’m sticking with Gavin Newsom,” said comedian George Lopez about the California recall in an Instagram video on Tuesday, “and I’m voting ‘No.'”
us.hola.com
17.08.2021 / 22:57
Alessandra Ambrosio and daughter Anja show off their contrasting styles
Alessandra Ambrosio and her daughter, Anja, are fully embracing everything summer has to offer.The former Victoria’s Secret Angel stepped out with her 12-year-old daughter on Monday during a stroll through Venice Beach, California on Monday, August 16.
hollywoodlife.com
15.08.2021 / 01:59
Arnold Schwarzenegger, 74, Looks Buff As He Steps Out With A Cigar At Beverly Hills Hair Salon
Arnold Schwarzenegger looked as content as could be during his latest summer outing! The actor, who recently celebrated his 74th birthday, was photographed while leaving a hair salon in Beverly Hills, CA on the afternoon of Aug. 13 and was joined by two friends. He had a cigar in his mouth while walking alongside his pals and showed off his muscles while wearing a gray graphic T-shirt and black shorts.