that much star Wars For the first time, the franchise will be filming in California. The Mandalorian & Grogu Movies and the Golden State are paying their weight in tax incentive gold to produce bounty hunter stories within state lines.
Specifically, the Jon Favreau-directed film's total conditional tax credit tonnage is $21,755,000. new fantastic yes, gladiator 2 And a new season the last of us According to his dance card, it's currently unclear whether SAG Award winner Pedro Pascal will reprise his role as Din Djarin and re-team with the charming Baby Yoda. mandalorian movie.
What is known is that the $21,755,000 tax credit is one of the largest allocations in the history of the California Film Commission's operating program.
in other words, The Mandalorian & Grogu You will not receive $22.4 million. Transformer spinoff bumble bee In 2017, it recorded more than $20.8 million. captain marvel It won the award seven years ago, and the prize money was $20.2 million, believed to be Quentin Tarantino's last film. #10 I received it last September.
It is estimated that 500 crew members, 54 cast members, and 3,500 background actors will be hired during the 92-day filming in California this year. The Mandalorian & Grogu It is expected to generate a record $166,438,000 in eligible spending and the minimum wage.
For a state facing a massive $73 billion deficit and an entertainment industry undergoing a painful contraction; mandalorian This film appears to be the best job creator of any film that received tax incentives under the California program. That's a pretty big number for a program worth more than $330 million a year, which was activated in 2014 primarily to create jobs and attract big-budget films back to Hollywood. strike.
The Disney/Lucasfilm production also knocks out Disney/Marvel's work. captain marvel Previously held top positions in qualified spending and minimum wage, which drove California's economy. The Brie Larson-led MCU movies, which were partially filmed in Louisiana, generated $137 million for California's economy through production in 2018.
With Chris Pratt, recently acquired by Amazon MGM. mercy, mandalorian The film and 13 other films received conditional tax incentives in the most recent application round. According to the results of the round, which took place Jan. 22-29, CFC estimates that qualified assistance will ultimately inject $408 million into the California economy. -National spending.
“I’m really happy that we can film in Los Angeles thanks to the tax credit.” mercy Producer Charles Roven announced today that the film, directed by Timur Bekmambetov, will receive just under $4.4 million in incentives. “We get to work with great people who live here and take advantage of a great location. And almost everyone goes home to their own bed at the end of the day!” added Oscar nominee Roven.
Below, take a look at 15 films that were conditionally allocated approximately $61 million in tax credits.
As seen from 35,000 feet, the 15 films would employ a total of 2,252 crew members, 598 cast members, and 16,800 background actors, for a total of 579 shooting days. In all the tightening that Gov. Gavin Newsom and the Sacramento Legislature had to do for this year's state budget, tax incentive programs have remained intact so far because of the jobs, spending and cash revenue they bring.
The next round of tax incentive allocations is for the small screen, and applications will be accepted February 26-28 for recurring and repositioned television series and March 4-6 for new television series. Successful applicants for the $200 million incentives available in that round will be announced on April 8. For large screens, the next application period for the $80 million in tax incentives available opens in August.
As bounty hunter Din Djarin says in the opening lines of the first episode: mandalorian Late 2019 TV series: “I can take you warm, or I can take you cold.” That's right. But in a field of lucrative tax credits and incentives competing in North America and around the world, everyone loves the warmth of a big check. Isn't that right?