The incentives arms war continues in the southeastern U.S., where the state of North Carolina just upped the ante as it battles Georgia and Louisiana to lure film and TV production.
North Carolina Governor Roy Cooper has signed legislation that that removes the program’s sunset language – effectively eliminating its July 2020 end date and providing much-needed stability for studio and network decision-makers who look to save money as they budget projects well into the future.
What’s more, an additional $31 million has been designated for the 2018-2019 fiscal year, beginning July 1, 2018. This funding, coupled with the elimination of the program’s sunset date, bolsters the perception that North Carolina has a long-term commitment to the production of feature films – and especially to television series looking for locations they can use to shoot multiple episodes for seasons to come.
See more at Variety.
