Los Angeles Lures Production to City

Mar 25, 2009  •  Post A Comment

The Los Angeles City Council has passed a series of incentives meant to draw and keep production in the city, DeadlineHollywoodDaily.com reports. The package includes a break on parking costs, access to utility nodes and exploring business tax breaks for production companies, the site adds, citing a release. The incentives come after a report requested in the wake of ABC’s “Ugly Betty” relocating production to New York City found that a one-hour TV show creates 720 direct and indirect jobs, as well as $2.2 million in state income taxes and $880,000 in state sales taxes, the site adds.
—Sergio Ibarra

Your Comment

Email (will not be published)