The California Film Commission announced on Monday the eight films that will receive a share of $68 million in tax credits as part of the state’s Film & TV Tax Credit Program 2.0, and leading the list is Marvel Studios’ “Captain Marvel,” which will be released in 2019.
“Captain Marvel” will be the first Marvel movie shot primarily in California since “Captain America: The Winter Soldier.” It is one of three films with budgets of over $75 million receiving tax breaks in this round, along with the Mark Gordon Company’s “Midway” and Paramount’s “Island Plaza.” The original tax credit program only allowed breaks for films with budgets below $75 million. The current version is open to projects of any budget size, though credits apply only to the first $100 million in qualified in-state expenditures. A total of 92 films applied for credits during the first film allocation period, which took place from June 27 to July 8.
“Our headquarters and postproduction facilities are in California, so it’s very exciting to be able to film ‘Captain Marvel’ here in our home state thanks to this California tax credit,” said Marvel Studios co-president Louis D’Esposito in a statement. “As a result, not only will we be able to streamline our production process for this and other films we’re working on concurrently, but we’ll have more time to spend with our families.”
This isn’t the first time a film from Disney has taken advantage of this new rule. Last year, the CFC announced that Ava DuVernay’s “A Wrinkle In Time” would receive tax credits, with the film bringing $85 million in qualified spending to California.
Highlighting the lower-budget projects selected for tax credits are STX’s “Happytime Murders,” directed by Brian Henson and starring Melissa McCarthy, and Annapurna’s “Cheney,” starring Amy Adams, Christian Bale and Steve Carell. According to the CFC, the eight films selected combine to provide nearly $385 million in qualified spending and employment for approximately 2,600 cast and crew. Four of the eight films will be filmed at least partially outside Los Angeles’ Thirty-Mile Zone, including “Midway,” which will film primarily in Alameda County.
Here are the eight featured films approved for tax credits.
