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Wednesday, February 26, 2014

Trying to bring back state film credits

The state's lawmakers are being lobbied by Florida's film and entertainment production industry for $1 billion in tax perks. In the past, that is what brought big productions like Burn Notice to town, but over the last few years, the state has not been to kind to Hollywood.

While it sound like a lot of taxes to be writing off, but the publicity and this clean industry is invaluable.

Makes you wonder if we'll ever have another Burn Notice-type production in Coconut Grove, as we no longer have a film studio now that the Expo Center is gone and Regatta Park is coming in. 

According to WatchDog.org, from 2003 to 2010, the Florida Legislature appropriated $73 million in tax credits to the state’s entertainment production industry. The following three years saw lawmakers dish out $296 million.

Now, according to the Miami Herald, industry reps are pushing for a cool $1 billion subsidy package through 2020.

The subsidies pay for themselves in the end with the money spent by the production companies and again, the publicity for the county and individual cities is immeasurable.

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4 Comments:

Anonymous Anonymous said...

....I really miss Burn Notice. Thanks for posting a picture....I am getting all nostalgic.

February 26, 2014 2:54 PM  
Anonymous Anonymous said...

It is sad that the accidental and most successful film studio in South Florida is now gone because the Diner Key Expo Center is being demolished. It generated millions of dollars to Miami businesses, local film industry, City of Miami rent, MDC permits for closing streets, lots of extra pay to off-duty police and firemen. It also generated tons of great PR throughout the world for Miami. Filmmakers shoot in locations that will benefit the script and in communities that provide the most generous Film Tax Credits to help reduce their financial risk. Since Miami, MDC and GMCV are the biggest beneficiary, they should also be willing to provide local Film Tax Credits, free or discounted accommodations or at the very least reduced street closure permit fees and lower off-duty police fees. Making this situation even more shameful is the fact that there are not enough funds in the budget to properly develop the planned Regatta Park on the former Diner Key Expo property. Generous Film Tax Credits and improved municipality hospitality will go a long way in helping to keep the film industry shoot here and not sending them off to L.A., Louisiana, Georgia, Michigan or Canada.

February 26, 2014 6:02 PM  
Anonymous Anonymous said...

I agree with you completely, 6:02.

But don't you understand, Marc Sarnoff did not want the film studio here?

I honestly think it is as simple as that.

Same with the plants that formerly adorned Sarnoff Circle.

Same with 5:00 closing times, and Tom Falco's trolley.

Same with Scotty's and Chart House. How Monty's survives, I just shudder to think about.

February 26, 2014 6:53 PM  
Anonymous Anonymous said...

agreed 6:02 hit the nail on the head and 6:53 is a simple minded want-a-b hanger on idiot calling out Sarnoff's name thinking he's an inside player on some "Ship of Fools".

February 26, 2014 7:10 PM  

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