The theme park officials will be offering independent producers unprecedented steep rent discounts--$500 a day for a sound studio that normally rents for $2,600. On a 21-day shoot, for example, producers could save $44,100 in rent.
To get the discounted rent, producers need a film budget of $5 million or less and agree to hire 80% of their crew from Florida. For small producers, working out of sophisticated sound studios such as Univeral's properties instead of a barn or abandoned warehouse, could spell the success or failure of their venture, industry film watchers in Central Florida tell GlobeSt.com.
"For them, it would be like getting a penthouse suite at Disney's most expensive hotel for $80 a night," a broker familiar with entertainment properties tells GlobeSt.com on condition of anonymity.
The Metro Orlando Film & Television Commission is forecasting a 10% drop in metro Orlando movie production this year and a 30% decline in annual production statewide.
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