film production tax credit Archives — NYCPPNEWS

Would a Governor Cynthia Nixon Kill New York’s Film Production Tax Breaks?

Is Cynthia Nixon biting the hand that once fed here? She may be a neophyte campaigner for New York State’s governorship, but her recent public announcements targeting the tax breaks given to film and TV production and post productions garnered support from right-leaning think tanks, not progressives. Film professionals: Still think there’s nothing to worry […]

Fox’s Gotham just got NY’s largest film-tax break

ALBANY – New York taxpayers reimbursed 38 shows and movies $155 million from July through September, including the most ever awarded to one production. Season two of Fox’s show Gotham raked in $24.5 million in tax breaks for filming in New York, the most of any film or show since the state starting making the […]

Down But Not Out, California Pols Want More Money to Challenge New York

While New York film and television production has soared over the past decade, anyone concerned about keeping that production here better not sit back and relax just yet. Associated Press reporter Judy Lin reports that California state lawmakers are working to extend and expand the Hollywood tax credit created to keep film and TV production in […]

Massachusetts Film Tax Incentive Drawing Production

As an example of why film tax credits matter, the LA Times covers a $4 million budgeted film “Tumbledown”, which recently shot in Massachusetts. That states 25-percent film tax credit helped swing the production to the Bay State. New York’s 30-percent tax credit was tempting, we learn, but other costs around the film’s production made the Bay State the filmmaker’s choice…

LA Film Boosters Claim They See Advantage with De Blasio at Helm

Boosters of film and TV production in Los Angeles think they see an opening to take work back from New York with the election of Bill de Blasio as mayor. However, California’s funding for film tax credits is still one-fourth of what New York offers. And de Blasio has already set his goals in supporting and expanding the work of the City’s film and TV production office…

LA Film Boosters Claim They See Advantage with De Blasio at Helm

Boosters of film and TV production in Los Angeles think they see an opening to take work back from New York with the election of Bill de Blasio as mayor. However, California’s funding for film tax credits is still one-fourth of what New York offers. And de Blasio has already set his goals in supporting and expanding the work of the City’s film and TV production office…

Kami Asgar and Jessica Parks are post-production heavyweights who work with major studios, namely Sony. As a sound designer (Asgar) and as a post executive (Parks), their collective resume touches on everything from Apocalypto to Grandma’s Boy to Venom.

Parks has recently shifted her focus from supervisor to hands-on sound design, and we talk about how it’s never too late to pivot on your career path and find the thing you love doing wherever you are in life.

Click on this link to read the rest of the article on No Film School’s site.

The coronavirus relief package that Congressional leaders agreed to this week includes grant money that many small proprietors described as a last hope for survival.

For the music venue owners, theater producers and cultural institutions that have suffered through the pandemic with no business, the coronavirus relief package that Congress passed on Monday night offers the prospect of aid at last.

To read the full article on The New York Times’ site, click here.

Phase 4 production guidance is available on the Film Permit website. All production activity, whether it requires a Film Permit or not, must comply with New York Forward Industry Guidance.

For more information see, please refer to the State Department of Health’s Interim Guidance for Media Production During the COVID-19 Public Health Emergency. Please review the guidelines and FAQ before submitting permit applications. The Film Office is operating remotely, so please allow additional time for Film Permit processing.

The above paragraphs contain links to the various FAQ – just mouse over the relevant words.

NVIDIA Research has invented a way to use AI to dramatically reduce video call bandwidth while simultaneously improving quality

What the researchers have achieved has remarkable results: by replacing the traditional h.264 video codec with a neural network, they have managed to reduce the required bandwidth for a video call by an order of magnitude. In one example, the required data rate fell from 97.28 KB/frame to a measly 0.1165 KB/frame – a reduction to 0.1% of required bandwidth.

To read the rest of this article on Petapixel, click this link.

Law360 (October 9, 2020, 5:22 PM EDT) — The Motion Picture Industry Health Plan’s board can’t be sued under ERISA for allegedly flouting its duties when it relaxed plan rules in response to COVID-19, a California federal judge has ruled, nixing a proposed class action filed by two cinematographers who still couldn’t qualify for benefits.

In an order entered Thursday, U.S. District Judge R. Gary Klausner granted the board of directors’ motion to dismiss Greg Endries and Dee Nichols’ Employee Retirement Income Security Act suit accusing board members of breaching their duty to treat all plan participants fairly.

Endries and Nichols, members of Local 600 of the International Cinematographers Guild, said in July that the board left them and others “out in the cold” in its attempts to address the problems COVID-19 caused for plan participants.

But Judge Klausner agreed with the board’s contention that the case, which alleged a fiduciary breach, should be tossed because plan administrators don’t act as fiduciaries when they amend health care plans.

Read the full article on the Law360 site by clicking here.

Anthony Russo and Joseph Russo photographed at the PMC Studio in Los Angeles for the Variety Playback Podcast.

The Russo brothers, directors of the all-time top grossing film “Avengers: Endgame,” quietly secured a roughly $50 million cash infusion for their production company AGBO from Saudi Arabia earlier this year, multiple sources tell Variety.

In a deal brokered and closed at the beginning of the pandemic, the Russos received the investment from an undisclosed Saudi bank in exchange for a minority stake in the brothers’ Los Angeles-based shop.