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ARCHIVES
Archives for: October 20145
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Music Industry Pushes for New York Tax Credits Like Film Industry’s
Tuesday October 07th 2014Can a tax subsidy revive New York’s music business? A group of music industry figures, worried about the flight of music production and related jobs from New York to states like Texas and Tennessee, are encouraging the State Legislature to pass a bill to give $60 million in tax breaks each year to studios, record companies and others involved in the creation of music. The plan was based on New York’s $420 million tax credit program for film and television production, which has been cited as an important factor in the growth of those projects in the state over the last decade. According to a 2012 study commissioned by the Motion Picture Association of America, in-state spending by film productions that have received the subsidy grew from $600 million in 2004, when the credit was introduced, to $1.5 billion in 2011.
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Alibaba Leads China’s Multibillion-Dollar Plan to Take on Hollywood
Tuesday October 07th 2014Get used to the term “BAT”: Baidu, Alibaba and Tencent. China’s three biggest Internet players all are making inroads into entertainment and establishing themselves as the global studios of the future. And those plans should both excite and terrify Hollywood. The record-breaking Alibaba stock listing Sept. 19 valuing the company[…]
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Netflix partners with Adam Sandler on four-film deal
Monday October 06th 2014In its bid to upend the movie business the way it has television, Netflix has secured one of the big screen’s biggest box-office draws and most irreverent comedic talents. Adam Sandler has signed a four-film deal with Netflix, the streaming service announced early Tuesday. The actor will star in and produce each feature, all of which will premiere exclusively on Netflix. “When these fine people came to me with an offer to make four movies for them, I immediately said yes for one reason and one reason only: Netflix rhymes with wet chicks,” Sandler said in a statement. “Let the streaming begin!”
ARCHIVES
Archives for: October 20145
-
Music Industry Pushes for New York Tax Credits Like Film Industry’s
Tuesday October 07th 2014Can a tax subsidy revive New York’s music business? A group of music industry figures, worried about the flight of music production and related jobs from New York to states like Texas and Tennessee, are encouraging the State Legislature to pass a bill to give $60 million in tax breaks each year to studios, record companies and others involved in the creation of music. The plan was based on New York’s $420 million tax credit program for film and television production, which has been cited as an important factor in the growth of those projects in the state over the last decade. According to a 2012 study commissioned by the Motion Picture Association of America, in-state spending by film productions that have received the subsidy grew from $600 million in 2004, when the credit was introduced, to $1.5 billion in 2011.
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Alibaba Leads China’s Multibillion-Dollar Plan to Take on Hollywood
Tuesday October 07th 2014Get used to the term “BAT”: Baidu, Alibaba and Tencent. China’s three biggest Internet players all are making inroads into entertainment and establishing themselves as the global studios of the future. And those plans should both excite and terrify Hollywood. The record-breaking Alibaba stock listing Sept. 19 valuing the company[…]
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Netflix partners with Adam Sandler on four-film deal
Monday October 06th 2014In its bid to upend the movie business the way it has television, Netflix has secured one of the big screen’s biggest box-office draws and most irreverent comedic talents. Adam Sandler has signed a four-film deal with Netflix, the streaming service announced early Tuesday. The actor will star in and produce each feature, all of which will premiere exclusively on Netflix. “When these fine people came to me with an offer to make four movies for them, I immediately said yes for one reason and one reason only: Netflix rhymes with wet chicks,” Sandler said in a statement. “Let the streaming begin!”
ARCHIVES
Archives for: October 20145
-
Music Industry Pushes for New York Tax Credits Like Film Industry’s
Tuesday October 07th 2014Can a tax subsidy revive New York’s music business? A group of music industry figures, worried about the flight of music production and related jobs from New York to states like Texas and Tennessee, are encouraging the State Legislature to pass a bill to give $60 million in tax breaks each year to studios, record companies and others involved in the creation of music. The plan was based on New York’s $420 million tax credit program for film and television production, which has been cited as an important factor in the growth of those projects in the state over the last decade. According to a 2012 study commissioned by the Motion Picture Association of America, in-state spending by film productions that have received the subsidy grew from $600 million in 2004, when the credit was introduced, to $1.5 billion in 2011.
-
Alibaba Leads China’s Multibillion-Dollar Plan to Take on Hollywood
Tuesday October 07th 2014Get used to the term “BAT”: Baidu, Alibaba and Tencent. China’s three biggest Internet players all are making inroads into entertainment and establishing themselves as the global studios of the future. And those plans should both excite and terrify Hollywood. The record-breaking Alibaba stock listing Sept. 19 valuing the company[…]
-
Netflix partners with Adam Sandler on four-film deal
Monday October 06th 2014In its bid to upend the movie business the way it has television, Netflix has secured one of the big screen’s biggest box-office draws and most irreverent comedic talents. Adam Sandler has signed a four-film deal with Netflix, the streaming service announced early Tuesday. The actor will star in and produce each feature, all of which will premiere exclusively on Netflix. “When these fine people came to me with an offer to make four movies for them, I immediately said yes for one reason and one reason only: Netflix rhymes with wet chicks,” Sandler said in a statement. “Let the streaming begin!”
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