Latest news of california

California expands Film and TV tax credit program to $1.8 Billion, attracting 16 new productions 4 JUL 2025

Markets

California expands Film and TV tax credit program to $1.8 Billion, attracting 16 new productions

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.
California’s $750M bet on animation: New tax credit reshapes industry incentives 3 APR 2025

Kids & Animation

California’s $750M bet on animation: New tax credit reshapes industry incentives

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.