New York Budget Boosts Film, TV Production Tax Breaks Amid WGA Strike – Deadline
Lawmakers signed Gov. Kathy Hochul's budget, with tax incentives aiding film and TV production, but timing a shame amid WGA strike.
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Lawmakers signed Gov. Kathy Hochul's budget, with tax incentives aiding film and TV production, but timing a shame amid WGA strike.
The Writer's Guild Of America has been in an ongoing process of negotiations regarding their current contract. Every three years a new deal is negotiated to make conditions better for writers. So far, the Guild has not reached an agreement and the current contract is expiring today, May 1st. In the face of
WGA East will picket the upfronts in New York, where the networks pitch their fall lineups to advertisers, if the Writers Guild and studios can't reach a deal.
Lionsgate Television Chairman Kevin Beggs and Great Point Studios CEO Robert Halmi talked up their new studio venture in Yonkers, NY
Gov. Kathy Hochul wants to increase incentives to film and television to $700 million a year, arguing that a lesser commitment would cause producers to go elsewhere.