Most states do offer some kind of tax credit to the film industry, though some, like North Carolina, have started to reconsider them. The alliance insists its goal is not to advocate for an expansion of the state’s film tax incentives. “Without a real clear picture of not only the number of jobs we’re getting, but also the type of jobs we’re getting, it’s just I think unwise to look at making the already generous credit even more generous,” he says. Georgia officials claim the industry has generated $5 billion in economic impact, but Tharpe says that number hasn’t really been dissected, and it needs to be. Tharp says in the next budget year, the state will lose about $273 million to the film tax credit, making it one of the largest subsidies the state hands out. “Those are things you say when you’re building a case that a certain tax credit needs to be larger, more generous and open to more people,” Wesley Tharpe of the Georgia Budget and Policy Institute says. “The fact that they’re investing millions and driving economic development in those communities, there are things to make sure that they continue to build that positive infrastructure all over the state,” she says. But Holcomb points out that studios don’t get credits for building facilities or hosting out of state productions. Under current state law, a company could get back up to 30 percent of its in-state expenditures for filming a movie or TV show here. Georgia has one of the most generous policies in the country. Holcomb says a lot of these businesses are here because of the state’s “competitive” film tax credits. “What the studio alliance wanted to do was form together a unified voice so they could advocate for the bricks and mortar aspects of the industry,” the alliance’s Executive Director Misty Holcomb says. All rights reserved.The five studios are Eagle Rock Studios in Stone Mountain, which is also set to open its new Norcross studio this month EUE/Screen Gems Studios in Atlanta Mailing Avenue Stageworks in Atlanta Triple Horse Studios in Covington and Tyler Perry Studios in southwest Atlanta. “We are proud of the many industry professionals we’ve had the pleasure to work with at our Atlanta and Wilmington studios.”Ĭopyright 2023 WECT. screen gems jobs atlanta Web2 ngy trc KANSAS CITY - Lorenzo Cain knew he wanted to retire a Royal when he hit a home run as an opposing player at. Their industry expertise, combined with their outstanding team and commitment to the local communities where they operate sets the stage for a successful future,” said Chris Cooney, CEO, of EUE/Screen Gems, Ltd. “We believe that Cinespace Studios will carry forward the legacy we’ve crafted to new heights. Uncover why Screen Gem Studios is the best company for you. Compare pay for popular roles and read about the team’s work-life balance. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. Netflix’s hit series Stranger Things is filmed in the Atlanta studio. Find out what works well at Screen Gem Studios from the people who know best. The Atlanta studio is even bigger: 360,000 square feet of production space across 13 sound stages. The mayor added that having a company with studios around the world can help build connections and may attract other large companies to town. “We’re going to continue on with his great film tradition in Wilmington and hopefully continue to grow and expand over over the next couple of years. Saffo called it a big win for Wilmington. “They knew the history of film in the City of Wilmington, in Southeastern North Carolina, and they’re committed to being here and also being very active in the community.” And you know, now that not only is Cinespace buying Screen Gems, but also the fact that we have another studio that’s currently under construction with Dark Horse Studios, just shows the amount of enthusiasm and business that’s out there that was wanting to come here to southeastern North Carolina to film,” Saffo said. “I think they want to definitely see it grow. Saffo hopes this change will help grow the film industry in Wilmington and bring more jobs in the future. He also pointed out that Cinespace has strong relationships with many production companies in Los Angeles and Saffo believes that connection is what will push more companies to want to film in Southeastern North Carolina. Saffo also said that this new deal will bring some significant upgrades to the Wilmington studio. “We look forward to collaborating and supporting productions in our coastal community.” “Wilmington’s reputation as a sought-after destination for film and television will continue with Cinespace Studios’ new ownership,” said Wilmington Mayor Bill Saffo in the press release.
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