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Governor Newsom announces historic increase of $180 million in annual cap, with new projects expected to generate over 10,000 jobs and $800 million in direct in-state spending.

A new bill proposes a 35% tax credit for animated films, series, and shorts—potentially unlocking $750 million over 10 years and reversing the talent exodus from California.

It aims at boosting job creation and economic growth. It will support local businesses and create 3583 cast and crew jobs.

The state Governor, Gavin Newsom, announced a new increase in the tax credits allocated to the film and television industry by $330 million for the next five years.

She will use her knowledge of the market to promote Sphere Abacus’ diverse slate of premium and multi-genre programming. She studied Cinema Television Critical Studies and English Creative Writing at the University of Southern California.