Just to repeat myself to another person who obviously didnt read the facts leading into the editorial.
Ok. So lets just take a look here.....
To further demonstrate the growth of this industry in Georgia, figures from FY '08-'09 show the following (updated 8/09):
Television networks, Hollywood studios, production companies and independent producers invested more than $647 million in Georgia
The economic impact of this investment was $1.15 billion
20 industry supply-chain companies have recently located to Georgia
The staff of LED's Entertainment Office are working to develop and cultivate a new economic sector in the state - Louisiana's entertainment industry. The state's entertainment incentives are designed to fuel long-term investment that capitalizes on Louisiana's native creative culture. Since 2002, when the first tax credits were introduced, the incentives have generated more than $2 billion in new revenue and spurred creation of thousands of high-wage jobs, state-of-the-art infrastructure development and new business opportunities.
LED uses a holistic and innovative approach by offering incentives, workforce training and other economic development programs among four different entertainment industry sectors: motion picture, sound recording, interactive and live performance
Headlines Today: June 4, 2010
GOVERNOR CRIST SIGNS SB1752, ESTABLISHES 5-YEAR $242 MILLION TRANSFERRABLE TAX CREDIT PROGRAM
SB 1752 creates a five-year, $242 million transferable tax credit incentive program for Florida’s Film and Entertainment industry. Information about the new incentive program is currently available online at http://www.filminflorida.com/ifi/incentives.asp. more...
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