Highlights from the CBS news reports on the recent success of the Michigan Film Industry:
- Michigan has the biggest film incentives in the country. 42% rebate of all production money spent in Michigan.
- Cost the taxpayers $40M.
INCENTIVE BENEFITS
- Landed 87 film & TV projects
- Brought in $325M
- Created 7000 jobs
MICHIGAN BREAKS INTO THE TOP 5
- In just 2 years Michigan has because one of the top 5 movie making states (California, New York, Lousisiana, New Mexico, Michigan)
Ken Droz (Michigan Film Office) was asked if the mood is changing here in Michigan. “[the industry has] Injected a huge morale and emotional element of positivity that just wasn’t here very long ago.”
RED DAWN HAS BEEN THE BIGGEST PRODUCTION TO DATE
Beau Flynn (producer, Red Dawn) says that they got the green light from backers because they said they’d shoot in Michigan. “We could not have hit our numbers without the rebate, ” says Mr. Flynn.
