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2012 record breaking for NC film industry

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WILMINGTON, NC (WWAY) -- North Carolina witnessed another year of record-breaking film numbers in 2012.

Year-end projections show productions had direct in-state spending of more than $376 million and created more than 4,100 crew positions for the state's workforce.

These numbers eclipsed last year's record-breaking $220 million in spending and 3,300 crew jobs.

Locally, the movie industry was fueled by the making of the blockbuster "Iron Man 3" in and around Wilmington and "Safe Haven," based on the Nicholas Sparks book, which shot in and around Southport.

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Interesting

I sometimes wonder about how badly reported some of these stories are.
$376M in spending comes out to $22M in sales tax revenue.
Thats a good number
And 4100 crew positions are also good

But at what cost? The State revised its film incentives and raised it to $20M
They also allowed the film company's to NOT pay taxes on those incentives AND allowed those company's extra tax deductions to include travel costs, health insurance costs etc etc etc

While I applaud the number of movies and TV productions I have to wonder if in fact the state realizes any DIRECT revenues from this seemingly large "payoff" to the movie industry?
As for the jobs - the Raleigh N&O reported awhile back that there are about 2100 full time people involved in the film industry state wide. These folks routinely go to other states for work - they go wherever the movies are being made. But I wonder if those other 2000 jobs are truly full time positions?

I am fully aware that there are some indirect spending and revenues that we realize from this industry but I am also aware that there have been some stories reported that states lose a LOT of money chasing after these "movies" - and I wonder if it is indeed, worth it?

Vog