News & Press Releases
- 12 Productions Projected to Bring in More Than $1.1 Billion to California’s Economy, Employ 4,500 Cast and Crew April 8, 2024 - HOLLYWOOD, Calif. (April 8, 2024) – Today, the California Film Commission (CFC) announced $152 million in tax credits for 12 television projects – one relocating series, three recurring television series, and eight new television series – as a part of its Film and Television Tax Credit Program, including one of the largest relocating series in the history of the program....
- California Jobs First: State Launches First-of-its-Kind Council to Create Thousands of More Jobs Across All Regions March 11, 2024 - Governor Newsom today announced the creation of a new state council focused on creating jobs and the awarding of $182 million in grants to jumpstart the Governor’s Regional Investment Initiative to accelerate economic and workforce projects throughout the state.....
- California’s Film & Television Tax Credit Program Attracts Biggest Blockbuster in Program History, Adding $166 Million to State’s Economy February 26, 2024 - Hollywood, Calif. – February 26, 2024 – The California Film Commission (CFC) is proud to announce a significant boost to California’s entertainment industry economy with the addition of five big-budget projects and ten independent films into Film and Television Tax Credit Program.....
- IBank Announces Additional Funding to Support Its Expanding Venture Capital Access Program December 4, 2023 - SACRAMENTO (December 4, 2023) — Today, the state of California’s Infrastructure and Economic Development Bank (IBank) announced a new state supplement fund designed to increase effectiveness of its Expanding Venture Capital Access program.....
- California Invests $149 Million in Cutting-Edge Companies, Creating Nearly 6,000 Jobs November 17, 2023 - SACRAMENTO – Governor Gavin Newsom today announced that California has awarded more than $149 million in grants and tax credits to 12 innovative companies, creating nearly 6,000 full-time jobs and bringing in an estimated $1.3 billion in private investment over the next five years...
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