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Aug 16, 2008

TRUCKING & FILMS * USA - Trucking Cos., infrastructure necessary for

Indiana film incentives fail to attract filmmakers so far

Indianapolis,IND,USA -The Indianapolis Star, by Christopher Lloyd -Aug 15, 2008: -- Indiana has finally positioned itself to become the real-life backdrop for blockbuster films and network TV shows... But in the six weeks or so since offering its new film incentives program -- which went into effect July 1 -- no new film or television productions have qualified for the tax rebates offered. No applications have even been received... Compare this to Michigan, which introduced its own film incentives just three months earlier. Since then, more than $150 million in film business has flooded into the state, including Clint Eastwood's newest film, "Gran Torino"... As more small film and TV projects are made, the infrastructure necessary for the industry -- soundstages, caterers, trucking companies, film equipment renters -- flourishes... (Photo by Regina H. Boone/The Detroit Free Press - Michigan has seen $150 million in film-related business flow into the state as a result of its incentives program. The state offers rebates of up to 42 percent of production costs, which makes it tough for Indiana -- with a 15 percent upper limit on rebates -- to be considered competitive)

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