California Governor Announces 35 New Films Receiving Tax Credits, Including 'Last Friday' and 'Michael 2'
Governor Gavin Newsom has announced that 35 new films, including New Line Cinema's 'Last Friday' and Lionsgate's 'Michael 2' (working title), have received tax credits through California's expanded Film & Television Tax Credit Program. This initiative aims to bolster the state's creative economy, with an anticipated $1.08 billion in total California spend and nearly 30,000 jobs for cast, crew, and background performers. The announcement highlights California's commitment to independent filmmaking and iconic franchises.
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