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Industry Impact on Location Economies
  •   On-location crews spend monies in a variety of ways
      throughout local communities, supporting local
      businesses (just like tourists) including hotels,
      restaurants & gas stations
  •   The Florida tourism and hospitality industries also
      benefit from major marketing and advertising
      campaigns launched by studios and TV networks to
      promote Florida-based productions
  •   Increased world-wide exposure triggers film-based
      tourism, driving more revenue into tax coffers
  •   High-impact feature films and TV projects stimulate the
      real estate industry by showcasing Florida’s desirable
      lifestyle globally
  •   Productions rely on a combination of workers and
In 2010 the Florida legislature
      passed legislation that
        converted Florida’s
Entertainment Industry Financial
Incentive Program from a year to
   year cash rebate program to
 what is now a six year program
with $296 million in transferable
  tax credits - this program has
 jump-started Florida’s film and
      entertainment industry.
Film & Entertainment by the numbers...
(Program projections as of 04/30/2012)



      •      433 Applications received

      •      204 Projects certified

      •      27 Projects awarded tax credits so far...

      •      Over $1.25billion projected to be spent on qualified
             FL expenditures

      •      Approx. 162,000 projected # of positions created

      •      Over $745million projected to be paid in FL wages

      •      Approx. 222,000 room nights
P3 Update 2011 Top 10: United States of Production

                 1)   Louisiana         7) New York
                 2)   Illinois          8) Utah
                 3)   FLORIDA           9) New Mexico
                 4)   Georgia           10)Michigan
                 5)    California
                 6)   Connecticut



                          “McClure reports that production
                          revenue for fiscal year 2010 sat at
                          $760,722, 482, and, as of May 2011,
                          the amount was $981,059,895 for
                          fiscal year 2011. These numbers
                          don’t lie: The heat is definitely on in
                          Florida.”
Florida Production Map
                               ORLANDO/SPACE
                               COAST:
                               Transformers 3
                               Tooth Fairy 2
                               Monster
                               Water Boy

        ST. PETE/CLEARWATER:
        Dolphin Tale
        Magic Mike
        Spring Breakers

                                South Florida:
                                Rock of Ages
                                The Glades
                                Magic City
                                Burn Notice
Orlando Film Commission

•   Market Metro Orlando as a Premiere Filming
    Destination

•   Streamline Permitting Across the Region

•   Preliminary Location Assistance

•   Retain/Grow the Production Infrastructure
PRODUCTION REVENUE TRACKING GUIDELINES
Direct Spending For On-Location Production - US Dollars




                                                          *Revised 2007
How Do You Get Involved

      Support local and state
        associations such as
  Film Florida , the State Office
   of Film & Entertainment and
  your Local Film Commissions
  by supporting our initiatives to
    build and grow the industry
        throughout the State

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FEDC Film TV Panel Slideshow

  • 1.
  • 2. Industry Impact on Location Economies • On-location crews spend monies in a variety of ways throughout local communities, supporting local businesses (just like tourists) including hotels, restaurants & gas stations • The Florida tourism and hospitality industries also benefit from major marketing and advertising campaigns launched by studios and TV networks to promote Florida-based productions • Increased world-wide exposure triggers film-based tourism, driving more revenue into tax coffers • High-impact feature films and TV projects stimulate the real estate industry by showcasing Florida’s desirable lifestyle globally • Productions rely on a combination of workers and
  • 3. In 2010 the Florida legislature passed legislation that converted Florida’s Entertainment Industry Financial Incentive Program from a year to year cash rebate program to what is now a six year program with $296 million in transferable tax credits - this program has jump-started Florida’s film and entertainment industry.
  • 4. Film & Entertainment by the numbers... (Program projections as of 04/30/2012) • 433 Applications received • 204 Projects certified • 27 Projects awarded tax credits so far... • Over $1.25billion projected to be spent on qualified FL expenditures • Approx. 162,000 projected # of positions created • Over $745million projected to be paid in FL wages • Approx. 222,000 room nights
  • 5.
  • 6. P3 Update 2011 Top 10: United States of Production 1) Louisiana 7) New York 2) Illinois 8) Utah 3) FLORIDA 9) New Mexico 4) Georgia 10)Michigan 5) California 6) Connecticut “McClure reports that production revenue for fiscal year 2010 sat at $760,722, 482, and, as of May 2011, the amount was $981,059,895 for fiscal year 2011. These numbers don’t lie: The heat is definitely on in Florida.”
  • 7. Florida Production Map ORLANDO/SPACE COAST: Transformers 3 Tooth Fairy 2 Monster Water Boy ST. PETE/CLEARWATER: Dolphin Tale Magic Mike Spring Breakers South Florida: Rock of Ages The Glades Magic City Burn Notice
  • 8. Orlando Film Commission • Market Metro Orlando as a Premiere Filming Destination • Streamline Permitting Across the Region • Preliminary Location Assistance • Retain/Grow the Production Infrastructure
  • 9.
  • 10. PRODUCTION REVENUE TRACKING GUIDELINES Direct Spending For On-Location Production - US Dollars *Revised 2007
  • 11. How Do You Get Involved Support local and state associations such as Film Florida , the State Office of Film & Entertainment and your Local Film Commissions by supporting our initiatives to build and grow the industry throughout the State

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