Editors Guild Praises California’s New Post-Production Tax Credit Law As “Historic”

Gov. Gavin Newsom has signed a measure to create a $10 million tax credit meant to stem the tide of post-production jobs to other states and overseas. The bill, AB 2319, passed the state Assembly and Senate last month by wide margins. Supporters, including the Motion Picture…

UPDATE, with CAA statement: The Motion Picture Editors Guild is praising California’s bill offering tax incentives for productions that shoot outside the state but bring their post work to California. The bill, signed by Gov. Gavin Newsom yesterday, expands the state’s film and…