re: NOLA aka The Hollywood of the South film industry is dry which impacts the whole state

quote:

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Spoke to a filmmaker this week. He said Europe was subsidizing so much that budgets were half of what they are here when it's all said and done. Said he preferred the tariffs to subsidizing them here.

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Yup. European countries also provide cultural credit incentives. So they can actually shoot the movie somewhere like England and get the production credits. Then they can move it back to Hollywood to get the cultural credits for anything created in the studio that depicts an english village, countryside etc.