STATEMENT: Mayor Garcetti on latest round of film tax credit allocations

The latest round of the California Film and Television tax credits will give 28 feature films (18 non-independent films and 10 independent films) incentives to shoot in-state. The selected films include the tax credit's first big-budget film project, Disney's "A Wrinkle in Time," which is estimated to bring $85 million in qualified spending to California, employ nearly 400 cast and crew members, and pay $44 million in wages to below-the-line workers. The total aggregate in-state spending for the 28 projects amounts to $880 million, including $326 million in wages for below-the-line crew members.

“A growing number of filmmakers are discovering that it is not only artistically satisfying to make movies in Hollywood — it’s fiscally wise. Both studios and independent production companies, many of which haven’t filmed a project here in years, are working in L.A. again thanks to the California Film & Television Tax Credit Program 2.0, which will generate an estimated $3 billion in direct in-state spending--and counting. I fought hard for this tax credit, because the Angelenos who are the heart and soul of the entertainment industry deserve the opportunity to find good jobs right here at home.” — Mayor Eric Garcetti