California Invests $342 Million in Film Production, Including 'Heat 2' and 'Jumanji'
EntertainmentCaliforniaUpdated a day ago

California Invests $342 Million in Film Production, Including 'Heat 2' and 'Jumanji'

California is investing $342 million in tax credits to support the production of over 50 films, including Michael Mann's 'Heat 2' and a sequel to 'Jumanji'. This initiative, which provides significant financial incentives, aims to revitalize the local film industry, create jobs, and stimulate the economy, showcasing the state's commitment to attracting major film projects.

Related Articles
Michael Mann’s ‘Heat 2’ To Shoot In L.A. After Scoring Big California Tax Credit; ‘Jumanji’, Bill Murray, Eva Longoria & The Daniels Movies Among 50+ Pics Approved
PositiveEntertainment
Michael Mann's highly anticipated sequel, 'Heat 2', is set to begin filming in Los Angeles, thanks to a substantial $37.2 million tax credit from California. This financial boost not only supports the film's production but also highlights the state's commitment to attracting major film projects, which can significantly benefit the local economy. With over 50 films approved for tax incentives, including notable titles like 'Jumanji', this initiative is a win for the film industry and local jobs.
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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