WASHINGTON, DC-A report by consultant ECONorthwest concludes that to attract outside productions to the district, a well-tailored incentive program should be on the marquee.
The DC Office of Motion Picture and Television Development commissioned the study, which reported that while the film and television industry generated $210 million last year for the district, outside productions were scarce.
The report suggested that the district's incentives should be competitive with other areas, targeted to productions with storylines set in the nation's capital.
Noting that some say there is an “arms race in incentives for film productions,” the report later states that the district “should provide incentives to productions that may already arrive to do some on-location filming for establishing shots. Incentives lower the marginal production costs, allowing these productions to do more of their filming, digital and post-production work in the District.” See story in the Washington Business Journal.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.