California doles out over $100M in taxpayer money to massive film studios

California doles out over $100M in taxpayer money to massive film studios

The state of California is handing out boatloads of cash to some of the biggest money-making studios in the world.The money comes from the California Film Commission, which, in addition to providing tax credits for studios that rake in revenue, has a robust incentive program for productions that push diversity, equity, and inclusion.'The state also pushes productions to acquire suppliers based on their diversity.'Dollars to doughnutsAs part of its $750 million annual industry push, the commissio...

Original Source

Read the full article at Theblaze →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.