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FilmL.A. Issues Third Annual Feature Production Study

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FilmL.A., the not-for-profit film office serving the Greater Los Angeles region, today announced the release of a new report prepared by its research division. The 2015 Feature Film Production Study analyzes a sample of 109 U.S. feature films released theatrically last year, identifying where they were filmed and how much was spent to produce them. The report also examines California’s top competitors and year-over-year trends in film production yield.

Some of the report’s notable findings include:

  •  The 109 films studied by FilmL.A. represent over $7 billion in direct production spending. Budgets for sampled films ranged from $1 million to over $300 million.
  • In terms of project count, California’s top competitors were the UK (15 projects), Georgia & Louisiana (12 projects) and Canada (11 projects). New York, which had ranked second in the 2014 Feature Film Production Study with 13 projects, fell out of the top five production centers in 2015 with seven projects.
  • Of the California-based live action films, 44 percent (7 out of 16 projects) were made in the state thanks to the California Film & Television Tax Credit Program.
  • The only films with budgets over $100 million that were produced in California were animated projects. None of the large budget live-action films were produced primarily in California.
  • For the first time on record, California did not host any of the top 25 live-action films at the worldwide box office in 2015.
  • Future studies should show increases for California as the state’s $330 million Film & Television Tax Credit Program reaches full utilization. The 2016 report will include at least two films produced in California using the new tax credit — The Conjuring 2 and CHiPs.

You can click here if you want to read the full report and more findings from FilmL.A.

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