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Films, TV productions in NC generated $254M in 2013

Posted December 17, 2013

The Showtime television series "Homeland" filmed scenes in downtown Raleigh on June 3-4, 2013.
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— Television shows and movies produced in North Carolina this year injected more than $254 million into the state’s economy and created 25,000 jobs, the governor’s office said Tuesday.

According to the N.C. Film Office, more than 60 productions took place in North Carolina in 2013, including popular television shows “Under the Dome,” “Sleepy Hollow,” the third season of Showtime’s “Homeland,” the final season of HBO’s “East and Down” and the second season of Cinemax’s “Banshee.”

Movies included “Careful What You Wish For,” “The World Made Straight,” “Captive,” and “Tusk.” Commercials for Mountain Dew, ESPN, NASCAR, Planters, Audi and Fiat were also shot in North Carolina.

“In addition to our state’s beauty, we’ve developed the workforce and artists that make North Carolina an ideal place to produce quality projects efficiently,” Gov. Pat McCrory said in a statement.

The productions created 4,000 crew positions and thousands of other part-time and temporary jobs, according to officials.

McCrory released information on the economic benefit of film production in the state a year and two weeks before a key tax break for the entertainment industry is set to expire Jan. 1, 2015.

Under North Carolina law, films can receive a tax credit good for 25 percent of all the "qualified" in-state spending up to $20 million. The biggest qualification is that salaries for actors and other highly paid workers count only up to $1 million. If the production earns more in credits than it owes in taxes, which is frequently the case, the remaining amount is refundable, which means the company gets a check from the state. Television shows are not subject to the per-project cap.

In 2012, North Carolina granted $62.3 million in offset taxes and cash payments to production companies based on qualified spending of $278.1 million on wages, sets and other production expenses. The state is on pace to surpass that total in spending – and credits offered – for this year, according to officials with the North Carolina Film Commission.

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  • BernsteinIII Dec 18, 2013

    Magic math. The politicians throw away my tax money and give them breaks so later, the politicians can inflate bogus claims of job and money benefits to the state.

    Lies, lies, and more lies. Could be a movie.

  • goappstate Dec 18, 2013

    "Except for those jobs that provide money for people to spend in the state, which creates more jobs and tax revenue. They need to pay for their housing, too. The list goes on."

    I do not disagree. My main point is that 254 is just one piece of the economy. But it seems WRAL continues to focus on the greatness of the tax breaks from the Purdue admin for the movie industry, when really in my opinion they only add up so a small percentage of the state economy as a whole. Does not seem news worthy other than to try and create a political response. I believe you could pick a multitude of different legislation, and find a dollar value, and write an article about it. But WRAL seems to have something about these movies and their tax cuts every couple weeks.

  • Mon Account Dec 18, 2013

    "This really is not that much money when you think about it."

    Except for those jobs that provide money for people to spend in the state, which creates more jobs and tax revenue. They need to pay for their housing, too. The list goes on.

  • goappstate Dec 18, 2013

    This really is not that much money when you think about it. Just look at the Triangle Business Journal's book of lists this past month and you will see many local companies who's revenues are in the 20-50 millions, with only 30-100 employees. Typically bait for us to jump on thinking it is a wonderful thing, but really just a very small chuck of the pie for the state.

  • Bill Brasky Dec 17, 2013

    "Interesting that liberals are the first ones to complain when government gives corporations tax breaks or subsidies but are also the first to demonize when a Republican led General Assembly takes them away."

    In case you didn't read the article $62 million in tax breaks generated $252 million for our state's economy, and created 25,000 jobs. Tax incentives to bring jobs to an area is quite different then expecting an existing company to offer more jobs simply by lowering their taxes. Lowering corporate taxes does not generate demand for products, demand for products generates jobs.

  • ILoveDowntownRaleigh Dec 17, 2013

    "Television shows and movies produced in North Carolina this year injected more than $254 million into the state’s economy and created 25,000 jobs, the governor’s office said Tuesday.

    McCrory released information on the economic benefit of film production in the state a year and two weeks before a key tax break for the entertainment industry is set to expire Jan. 1, 2015."

    Yes, this is the same governor who signed that legislation to banish the entertainment industry from North Carolina, bragging here about the revenue they brought us.

    :-) Geesh. These people make complete fools of themselves EVERY SINGLE DAY. But sure as the sunrise, they'll be back again tomorrow with more. Groundhog Day, Republican-style.

  • BadDayforButch Dec 17, 2013

    Interesting that liberals are the first ones to complain when government gives corporations tax breaks or subsidies but are also the first to demonize when a Republican led General Assembly takes them away.

  • Mr. Middle of the Road Dec 17, 2013

    The republicans have successfully eliminated that revenue from coming into our state. Wonder what is next?

  • garnertoy Dec 17, 2013

    I agree with black give credit where its due

  • kdnole Dec 17, 2013

    Wow, "Black" I think that chip on your shoulder is getting heavy. Why don't you go protest something! ha

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