Las Vegas looks to join Atlanta as the next film production hotspot while California tries to combat Hollywood's slump | Fortune
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Las Vegas looks to join Atlanta as the next film production hotspot while California tries to combat Hollywood's slump | Fortune
""We believe if we can get the public behind us, we'll be able to get the legislators to understand what a big change this can bring to Southern Nevada," said Tommy White, business manager-secretary treasurer of Laborers' International Union of North America, Local 872 in Las Vegas. Trade unions formed a political action committee called Nevada Jobs Now, which has raised over $1 million to be used for digital advertisements, mailers and some TV commercials, White said."
""The production companies would not come to Las Vegas if they don't receive the tax incentives, according to David O'Reilly, CEO of Howard Hughes Holdings, the developer of the proposal called Summerlin Studios. It would include 10 movie stages, hotels, a medical center and be part of a master-planned neighborhood in West Las Vegas. "There would be no reason for Sony and Warner to film in Nevada when they can get tax credits in 20 other states or around the globe,""
Nevada labor unions are advocating state tax credits to attract major film studios and boost jobs and tourism around Las Vegas. The proposal sought up to $95 million for Sony and Warner Bros. Discovery to build a large production facility in suburban Las Vegas. Supporters formed Nevada Jobs Now, raising over $1 million for outreach, and say the project would create 19,000 construction jobs. Developers say the studios would not locate in Nevada without incentives. Competing states like Georgia and revised California incentives pose challenges to attracting sustained film production activity.
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