‘Potentially Transformative’: Indie Studios Are Cautiously Optimistic About California’s New 35% Tax Incentive
Leaders at Tonko House, KuKu Studios, Titmouse, and Reel FX chime in on the potential impact of California’s expanded incentives.
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.
The passage of the bill could encourage more animation production in the state.
Aardman managing director Sean Clarke also lamented poor animation education standards in the U.K. and said graduates who enter the workforce are not “production-ready.”
The state of California recently expanded its tax credit program for film and TV productions. Here’s why it won’t work.