L.A. Mayor Eric Garcetti Seeks to Raise State Production Tax Incentives to at Least $500 Million

Los Angeles Mayor Eric Garcetti is promising to push for an increase in California’s production tax incentives to at least $500 million annually — up more than 50% from the current $330 million figure. “We must make sure, first and foremost, that the film industry not only stays strong but expands,” he said Thursday morning... Read more » Dave McNary