Updated
Updated · Fox News · Oct 9
Newsom Expands California Film Credits as 35 Projects Promise $1 Billion in Spending
Updated
Updated · Fox News · Oct 9

Newsom Expands California Film Credits as 35 Projects Promise $1 Billion in Spending

3 articles · Updated · Fox News · Oct 9

Summary

  • California on Wednesday rolled out a new post-production tax credit, a broader film and TV incentive, and AI protections for performers as Gavin Newsom pushed to shore up the state's struggling entertainment sector.
  • Thirty-five films — including 28 independent projects, a new Pixar film and a sequel to Lionsgate's 2026 hit "Michael" — have already received state incentives and are expected to generate more than $1 billion in direct production spending.
  • Industry figures said the post-production credit could keep jobs in California even when filming happens elsewhere, with filmmaker Paul Kampf calling the package a strong start for retaining independent work.
  • The state push comes as a bipartisan federal film tax credit backed by Donald Trump and Democratic Senator Adam Schiff is being prepared for introduction in early November, with supporters targeting passage by Dec. 11 and a 2027 start.

Insights

Can a massive new federal tax credit and AI protections truly save Hollywood from losing its crown to overseas rivals?
As AI threatens creative jobs, can new state safeguards protect performers before technology completely rewrites the entertainment industry?