A few weeks ago in The Hollywood Lawyer blog, we examined a new Kentucky law aimed at increasing local film production (check it out: ““New Kentucky Bill to Attract Film [& Fried Chicken?] Production”). In this week’s edition of Film Fridays, we learn that the new incentive law has gone over just as well as the state’s most famous fried delicacy. The law, which allows for up to a 30% tax rebate for films produced in Kentucky meeting certain criteria, was passed earlier this year and has already shown to have increased the state’s popularity for film production. Three productions so far have signed up to get the incentives, two feature films and a televised sports program for NBC sports. The three productions estimate that they will spend approximately $1 million dollars each in Kentucky, so combined with the tax rebate the producers can expect, it seems like this law is, as some might say, “finger-lickin’ good” for all involved.
Check out the full article here: Three film projects receive approval for incentives
Disclaimer: Please note that the information contained within this blog post and site is offered simply as a consideration to visitors who are in the entertainment industry and are seeking to learn more about various areas of entertainment, be it in film, movies, television, music, digital, new media, film financing, merchandising and/or branding. As such, the information so provided should never be construed as legal advice. If you need further assistance or legal advice for your specific matter, please do not hesitate in contacting an entertainment attorney (film, music, digital, licensing, financing) here in Los Angeles, California at The Hollywood Lawyer by(1) emailing us at email@example.com; (2) calling us at (323) 300-4184; or (3) filling out our online form. www.thehollywoodlawyer.com.