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New head of state film office already seeking incentive changes

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WILMINGTON (AP) -- The new chief of the North Carolina Film Office says luring the post-production end of the movie business to the state requires a fresh interpretation of the film incentive program.

Aaron Syrett says that includes a 15 percent tax credit that doesn't currently apply to post-production costs. He says if a change isn't made, the movie industry will take the jobs back to California instead of setting them up here.

At stake is what happens once the movie is shot. That involves visual effects, music, editing and all other work away from the camera.

The change is one of several already suggested for the incentive program, which took effect in its current form at the start of the year.

 

A key lawmaker wants to expand the rebate to cover a production company's insurance costs. Syrett wants to study boosting the rebate to 20 percent.

(Copyright 2007 by The Associated Press. All Rights Reserved.)

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