Motion Picture Association Statement on Governor Newsom Signing the California Film and Television Tax Credit Program Extension
LOS ANGELES – Governor Gavin Newsom today signed the California Film and Television Tax Credit 4.0 program into law. The following is a statement from Motion Picture Association Chairman and CEO Charles Rivkin:
“The California Film and Television Tax Credit program has led to the creation of hundreds of thousands of high paying union jobs, it’s supported countless local businesses, and pumped billions of dollars into the state’s economy. The 4.0 version of the program, signed into law today by Governor Newsom, will build on that success by creating new commitments to diversity, equity, and inclusion and establishing a pilot program on production safety, among other provisions. I want to thank Governor Newsom for his unwavering leadership on behalf of California’s creative community, as well as the many champions in the legislature for passing this important extension and enhancement to the production incentive program.”
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About The Motion Picture Association:
The Motion Picture Association, Inc. (MPA) serves as the global voice and advocate of the motion picture, home video, and television industries. It works in every corner of the globe to advance the creative industry, protect its members’ content across all screens, defend the creative and artistic freedoms of storytellers, and support innovative distribution models that bring an expansion of viewing choices to audiences around the world.
Its member studios are: NBCUniversal, Netflix, Paramount Global, Sony Pictures Entertainment, Walt Disney, and Warner Bros. Discovery. Charles Rivkin is Chairman and CEO.
Tom Zigo, Motion Picture Association