The California Film Commission has awarded $100 million in tax subsidies to 27 film and TV projects, 10 of which are independent films.
The process sounds a little like an old-fashioned land grab. Per the California Film Commission
On Wednesday, June 1st, the California Film Commission began accepting applications for the next $100 million round of tax credits provided annually by the state's Film & Television Tax Credit Program, which was enacted in 2009 to help curb runaway production.
The number of applications submitted this year on the first day of the application period more than doubled to 176, compared to 70 last year. At the same time, the number of projects selected to receive credits before the entire $100 million was allocated dropped to 27, from 32 last year*.
Applications were accepted on June 1 from 9:00 am - 3:00 pm. At 3:30 pm, Film Commission staff members, with assistance from a California Highway Patrol officer, conducted a lottery to select projects at random. Each application was given a number between 1 and 176, and the credits were then doled out in that order until all $100 million was assigned.
"The number of applications we received this year far exceeded our expectations," said California Film Commission Executive Director Amy Lemisch. "It's clear the industry wants to stay and California and understands the value of the state's tax credit incentive."
* Tax credits are awarded to each project based on the project's budget. Once the sum of tax credits allocated reaches $100 million, any additional projects are placed on a waiting list.
So which indies were the lucky ones?
Information below provided by the California Film Commission and the relevant productions:
"The Bachelorette Party" (in development)
Producer: Peter Segal
Production Company: Bachelorette Party Productions, LLC
"Centers around a recently-spurned high school teacher who plans to send her uptight cousin into matrimony with a massive, final bash…female version of 'The Hangover'"-Moviefone (Jennifer Garner and Anna Faris)
"Decoding Annie Parker" (in development)
Director: Steven Bernstein
Production Company: Decoding Annie Parker, LLC
"Love, science, sex, infidelity, disease and comedy, the wild, mostly true story of the irrepressible Annie Parker and the almost discovery of a cure for cancer."
"Lovelace" (in production)
Director: Rob Epstein
Production Company: Eclectiv Films, Inc.
"Story of Linda Lovelace, who is used and abused by the porn industry at the behest of her abusive husband before taking control of her life and finding redemption as a feminist and anti-porn crusader."
Production Company: Low Down Movie, LLC
"Suicide Kings 2"
Production Company: Suicide Kings 2, LLC
Synopsis from Suicide Kings (1997): Based on Don Stanford's short story, "The Hostage," the film follows the exploits of a group of young 20-something rich kids who are plotting a kidnapping in order to save the sister of one of the friends.
"The Metro Gardeners"
Production Company: Quickborn Limited
"The To Do List"
Production Company: Summer Break Productions, LLC
Production Company: The Gardeners (JPG) LLC
Production Company: Howard Holloway Films LLC
Untitled Project G
Production Company: Dogwood Pictures, LLC
"Vocal Chords of Freedom"
Production Company: KMR Films, Inc.