Georgia, Hollywood, Washington Post discussed on Arizona's Morning News
The entertainment business was prepared to decisively move on from the state because of a restrictive antiabortion law signed by the governor or at least it seemed like they were despite media outlets claiming the studios had threatened to boycott Georgia. It's actually far from clear that Hollywood studios will leave the state anytime soon. No matter what happens with the legislation. More from Stevens. I took reporter at the Washington Post. He covers the business of entertainment. Steve, give us some background interesting weeks. Obviously, the Georgia governor signed the fetal heartbeat Bill as it's known very restrictive abortion. Legislation and. Came from Hollywood community. Particularly creative types to go out of Georgia, filming filming filming in George over the last few years, there's a lot of incentives for them to do production infrastructure there. Now, favorite movies are top vendors endgame. Most recently and to the Greek community tried to put some pressure on studios to, to get out studios who are very, very Oslo react. And then as of last week, Netflix said, well, we might rethink it, it goes into effect, and the other studios of comes on board by con CBS Warner media Disney and others said, well, we would rethink it as well. And so that kind of where we are in new cycle, where a lot of pressure from active and the great community to get out and studios saying affected it's supposed to do in January. We're going to rethink our commitment, Georgia, it's it seems like you, perhaps, though, have stumbled on some Hollywood hypocrisy. Interesting. Chrissy. I think there is a. Case let me put it this way. Case where the, the messaging and the PR might be a little bit ahead of the substance and the policy. And by that, I mean, you know, the statements are while well-considered and selling welcome. One is, of course, opposed to to this legislation. Here's a feeling though that into something being generated by PR department, and that actually extra K oneself endured given how ensconced entangled the companies are there and giving how much money they get shoot there. But that might be another ball game entirely. They may not be ready to do that. They may not be a book that I talked to one source who said, we're really hoping didn't go into effect reasons, but also because it would be incredibly complicated and extensive that Georgia. So I think there's a certain again, a gap with put it that way between being said, and with being ready or what can reasonably being implement speaking with Steve psychic covers the business of entertainment for the Washington Post, and he's written a piece, entitled, why Hollywood isn't actually, in a rush to leave Georgia reference to some of the uproar over an abortion law there, what are the incentives like in Georgia Steve for these studios? Quite rich. The aware that states around the country. In fact, New Jersey. Ramp up some of on the country over the last decade or so have increased the amount of money they give back to their in tax rebate in the forms of other intended, and Georgia right now, one of the highest and in the country, thought thirty percent. Production. Didn't cut a Georgia and your credit. I in certain city link, savannah, you actually get more back. And so it's really quite a lucrative arrangement for studios for stay and that brings a lot of jobs and an injection for the economy. But the from the students perspective, there's a lot of money that they get back on a production of your shooting. You know, a hundred billion dollar budget. There are TV show, you know, at twenty thirty forty fifty million and you're going to get back thirty percent. You know in tax rebates that budget significant amount. There's also a lot of infrastructure their studios and other studios built they're very easy for them. Enjoyed it could go the walkers stated already set off tracking for. As you point out to from a business standpoint, this, Lisa a handful of states, who initially went all in with incentives for movie studios. Then got out of that business altogether. That's right. I think a lot of economic.