{"id":128372,"date":"2022-07-18T16:03:31","date_gmt":"2022-07-18T16:03:31","guid":{"rendered":"https:\/\/fin2me.com\/?p=128372"},"modified":"2022-07-18T16:03:31","modified_gmt":"2022-07-18T16:03:31","slug":"star-wars-series-skeleton-crew-shonda-rhimes-white-house-drama-the-residence-robert-downey-jrs-the-sympathizer-adaptation","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/star-wars-series-skeleton-crew-shonda-rhimes-white-house-drama-the-residence-robert-downey-jrs-the-sympathizer-adaptation\/","title":{"rendered":"‘Star Wars’ Series ‘Skeleton Crew,’ Shonda Rhimes’ White House Drama ‘The Residence,’ & Robert Downey Jr’s ‘The Sympathizer’ Adaptation Awarded Big CA Tax Credits"},"content":{"rendered":"

There’s going to be some serious California financial meat on the bones of Star War<\/em> series Skeleton Crew<\/em>.<\/p>\n

Hauling in a near-record $20.9 million in Golden State tax incentives, the Disney+ series starring Jude Law was among seven shows awarded lucrative credits today. As you can see in the list below, the 2023-premiering Skeleton Crew<\/em> was joined by high-profile including Shonda Rhimes’ White House drama The Residence<\/em> for Netflix, Robert Downey Jr’s adaption of Viet Thanh Nguyen’s Pulitzer Prize-winning novel The Sympathizer<\/em> for HBO.<\/p>\n

<\/p>\n

Along with the millions handed out in the latest round of the nearly decade-long revitalized incentive program, there are two relocating series. Both HBO’s about-to-premiere Rap Sh!t<\/em> from Issa Rae and Peacock\/NBCUniversal’s Killing It<\/em> were given tax credits in anticipation of moves from Florida and Louisiana, respectively. Rap Sh!t<\/em> has yet to be greenlighted for Season 2, but successful candidates are almost certain to be renewed, though it’s not guaranteed.<\/p>\n

Killing It<\/em> was renewed for a second season last month.<\/p>\n

“Killing It<\/em> is a show about dreams coming true, so it’s only fitting we would pack up our bags and move to Hollywood,” said EP and co-showrunner Del Treidici on Monday about the Craig Robinson-led series. Added fellow Killing It<\/em> EP and showrunner Dan Goor, “We are thrilled to be making Season 2 in California, which not only has amazing crews and the best facilities but is also where our children are located.”<\/p>\n

Since the revitalized California tax incentives were signed into law by then-Gov. Jerry Brown nearly a decade ago, the focus of the now-$600 million annual program has been job creation and servicing local economies.<\/p>\n

In this particular round of allocations, which was accepting applications from June 13-15, it is expected that the successful candidates will spend about $713 million in total in the state over their respective upcoming seasons. Of that, about $468 million in “qualified” spending, which is defined by the California Film Commission as “wages to below-the-line workers and payments to in-state vendors,” will be paid out. In these trying economic times, the CFC’s data projects that an estimated 1,953 crew members, 545 cast, and 21,691 background actors\/stand-ins will be employed during their next season of production for each of the seven shows that were awarded tax credits today.<\/p>\n

To drill down even more, coming-of-age-ish drama Skeleton Crew<\/em> will show the financial Force is strong in California. The Star Wars<\/em> show EP’d by Jon Watts, Chris Ford, Jon Favreau, Dave Filoni, Kathleen Kennedy, Michelle Rejwan and Colin Wilson is projected to spend around $136 million in qualified expenditures during its first cycle in the Golden State.<\/p>\n

So if you are planning for the next round of applications, the next period to apply online for tax credits for small-screen projects will be from September 19-21. The next application period for big-screen projects will be held July 18-20. The successful candidates will be announced on October 24 and August 22, respectively.<\/p>\n

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Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

There’s going to be some serious California financial meat on the bones of Star War series Skeleton Crew. 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