Already a Bloomberg.com user?
Sign in with the same account.
(Updates with advertising production in the second paragraph.)
Oct. 4 (Bloomberg) -- Film shoots in Los Angeles County increased 15 percent in the third quarter as tax breaks attracted productions such as Ben Affleck’s “Argo,” the not- for-profit FilmL.A. Inc. said.
Feature film production increased 50 percent, while advertising production advanced 17 percent, FilmL.A., which issues location permits, said today in an e-mailed statement.
“Argo,” about the CIA’s involvement in the Iranian revolution, and seven other films received tax breaks from the state’s incentive fund, according to the statement. Feature film production has increased 18 percent year-to-date.
The $100 million fund offers a credit of as much as 25 percent of sales and use taxes on production in the state, according to the California Film Commission website.
Television production rose 5.8 percent during the quarter, led by a 30 percent increase in reality programs.
--Editor: James Callan, Cecile Daurat
To contact the reporter on this story: Michael White in Los Angeles at email@example.com
To contact the editor responsible for this story: Rob Golum at firstname.lastname@example.org