Georgia Taxpayers Lose $160,000 for Every Job Created by Film Tax Credits

“A new audit of Georgia’s Film Tax Credit program found that the state “loses money” on the program. A lot of money, actually: about $160,000 for every job the program creates. Georgia is now spending about $1.3 billion annually on the program, but it generates a return on investment of just 19 cents per dollar, the auditors conclude.”

“There’s no doubt that Georgia’s program has influenced where movie and TV production takes place. The new audit concludes that the program has induced “substantial economic activity in Georgia,” but that’s simply evidence of the fact that lighting a lot of money on fire will eventually produce some heat. The underlying numbers suggest that Georgia’s subsidies are doing a poor job of generating economic growth or creating jobs.”

https://reason.com/2023/12/18/georgia-taxpayers-lose-160000-for-every-job-created-by-film-tax-credits/

Give Me a Break: Why Cinemas Want to Bring Back Intermissions

“The art house cinema obliged and inserted an eight-minute break. It wasn’t long before a customer’s photo of an ad highlighting the intermission went viral and The Lyric received a call from Paramount, which is distributing the film, saying it had violated the booking contract and fines could be levied.”

https://www.yahoo.com/entertainment/break-why-cinemas-want-bring-181500179.html

The long, long, twisty affair between the US military and Hollywood

“It came like a bolt from the blue, a gift from the heavens. In 1986, audiences flocked to theaters to see Tony Scott’s Top Gun, starring a fresh-faced Tom Cruise as Pete “Maverick” Mitchell, a hotshot Navy aviator bent on stardom. They kept coming for seven months. When the dust settled, the film had brought in over $176 million. Unlike its protagonist, who came in second at the eponymous elite flight academy, the film ended 1986 the top earner of the year.
But for the Navy, Top Gun was more than just a movie. It was a recruitment bonanza.

Military recruiting stations were set up outside movie theaters, catching wannabe flyboys hopped up on adrenaline and vibes. Others enlisted on their own. Interest in the armed forces, primarily the Navy and the Air Force, rose that year, though it’s unclear just how much. Naval aviator applications were claimed to have increased by a staggering 500 percent.”