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New Jersey Expands Scope of Programs to Draw Productions as More Soundstages Break Ground
New Jersey expands production initiatives as ore soundstages break ground.
Today the tax credit has expanded to $430 million per year through 2039 and in an effort to create a more inclusive workforce, and offers an additional incentive (2% or 4%) to productions that meet certain diversity criteria. “It’s a natural for New Jersey,” says Murphy, who points out that state is the birthplace of film with Thomas Edison’s laboratory in West Orange being the place where the kinetograph and kinetoscope were invented. In addition to being used as a substitute for New York City, in recent years New Jersey has doubled for Africa, Europe, the Middle East, Southeast Asia, Florida, Los Angeles, New England, Philadelphia, the Midwest, the Pacific Northwest, southern states and Washington, D.C.
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