This exciting update on California’s film and TV industry highlights the state’s robust efforts to attract major productions, including Suits: LA, which is relocating to Los Angeles with the help of California’s tax credit incentives. The state has allocated nearly $12 million to the show, part of a broader $51.6 million incentive package that aims to lure productions away from competing locations like Vancouver and bring more jobs to Hollywood.
In addition to Suits: LA, the upcoming Community – The Movie, a Janis Joplin biopic starring Shailene Woodley, and a project on Hulk Hogan’s lawsuit with Gawker by Matt Damon and Ben Affleck, are among the 19 projects receiving financial support. Together, these productions are expected to generate $284.4 million in qualified expenditures and create thousands of jobs for California’s entertainment workforce.
These incentives not only support Hollywood’s recovery but also emphasize the importance of authenticity in productions, especially for projects like Woodley’s Janis Joplin biopic, which celebrates California’s cultural significance in the life of the legendary singer.
With these tax credits and the state’s Soundstages program, California is once again reinforcing its status as the center of the entertainment world, while giving the local workforce a much-needed boost. The next round of tax credit applications for TV series and feature films continues later this year and early in 2025.