NC House drops NCFilm Grant to $40M

A few hours ago, I got word that the initial proposal for $60M for the film grant has dropped to $40M in the latest version of the state’s two-year budget.   This is what we anticipated. What I can tell you is that it could have been worse.  Our concern at this point is what the Senate will do.  They are a much tougher sell, than the House, just like last session.  Best case scenario, they leave it alone and we get a $40M grant for a two year period.  But from what I am hearing, that is unlikely.  Still, I am hoping for the best. However, even with $40M the money won’t be enough for us to be as productive as we were in 2014, but it will put a lot of our crew members back to work.

SEE THE LATEST DRAFT NOW

 

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