Yet Another Reason to Hate California
May 23, 2008 10:14 AM
Forget about the earthquakes, mudslides and the brush fires that plague California.
According to today’s Wall Street Journal, Gov. Arnold Schwarzenegger said that the odds of providing incentives for film and TV producers to stay in California are slim because the state faces a possible $20 billion budget deficit.
Yikes, how could the Terminator let this happen? The WSJ points to other states like Georgia, New York, Michigan and, yes, Mississippi, that are providing production companies with financial incentives and tax credits to lure producers to their states.
I’ve been writing about “runaway production” for decades. It really took off in the 1980s, when producers headed to Canada to take advantage of attractive incentives to do business there.
The story comes on the heels of ABC’s recent decision to move production of its hit series “Ugly Betty” out of California to New York.
In my neck of the woods, the Right Coast, even the tiny town of Plymouth, Mass., has obtained funding to build a studio to attract Hollywood defectors.
Don’t you expect more from the Terminator? I do.