ANSWER: Another very popular question. It’s basically a metaphor for when our film incentives expire. So, when someone says, “Our NC Film incentives will sunset January 1, 2015,” that means that they will go away on that date unless our legislators vote otherwise. This is a very dangerous and confusing way of doing business with production companies. Currently, unlike other states, we don’t have a film incentive permanently in place, our Reps just keep extending them every couple of years. That means every couple years they are in danger of going away. Production companies found our method to be unstable, and so they would rather do business with states that have something permanently in place.
You see, when these production companies look at states to film their movie or TV show, they can look as far as two years in advance. So, for example, if Warner Brothers is looking at North Carolina today, and they wanted to begin shooting a movie in the summer of 2015, they would see that currently our film incentives are at risk of expiring six months before their start up date, so they wouldn’t bother even looking at us at all.
There is a BIG vote on our incentives in May 2014, and what we are pushing for is to do away with the “sunset” for good, and keep our incentives indefinitely. That will be a game changer and we will see a hell of a lot more business here in our state!