Hollywood Warns Against Sabotaging California Film Incentives, Seeks Exemption From Credit Limit

The entertainment industry is warning Gov.

Gavin Newsom that the state risks undermining California production if it imposes a new limit on corporate tax credits.

In a June 8 letter, a coalition of industry and labor groups argued that the governor’s budget proposal will cost production jobs and sabotage the state’s film incentive.

“The result […] ...