California Pumps $342 Million Into 52 Films, Including ‘Jumanji’ and ‘Heat 2,’ in Bid to Jumpstart Big-Budget Production
PositiveEntertainment

California is making a significant investment of $342 million in tax credits to boost the production of big-budget films, which is a big win for the entertainment industry. This funding includes a record $43.9 million for the upcoming 'Jumanji' sequel and $37.2 million for 'Heat 2' directed by Michael Mann. This initiative not only aims to revitalize the film industry in the state but also promises to create jobs and stimulate the local economy, making it an important move for California's cultural and economic landscape.
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