Disney, DreamWorks, Pixar Animated Films Claim 59% Of California’s Latest Studio Tax Credits
DreamWorks, Pixar, and Disney dominate the latest incentive round as California doubles down on keeping big-budget animation production in state.
DreamWorks, Pixar, and Disney dominate the latest incentive round as California doubles down on keeping big-budget animation production in state.
After ‘Family Guy’ and ‘Rick and Morty’ spinoffs broke the TV animation barrier, a trio of studio features will now similarly benefit.
Leaders at Tonko House, KuKu Studios, Titmouse, and Reel FX chime in on the potential impact of California’s expanded incentives.
Senate Bill 630 extends a 35% tax credit to animated features, series, or shorts that are produced in California, with a minimum production budget of $1 million.
A new study shows that California’s animation industry is in dire condition and without stronger government support, the industry could collapse.
The passage of the bill could encourage more animation production in the state.