Apple has attractive alternatives: Netflix and NBCUniversal are among those who have invested in studio space in New Mexico, made more affordable by cheaper land — and generous tax incentives from the state.
Now, as states including Oklahoma have successfully spurred soundstage construction with similar incentives, and Georgia’s program continues to attract big-budget productions like “WandaVision,” California is giving its signature industry a boost in the face of increased competition and growing demand.
Gov. Gavin Newsom on Thursday signed into law an expansion of the state’s film and TV tax credit program. It not only boosts production tax credit by $180 million,