California film commission executive director Colleen Bell stated: “After announcing two relocating TV series earlier this month, our new tax credit program continues to get off to a great start with today’s list of film projects. Production activity is ramping back up in California amid COVID-19 with safety remaining a top priority, and Program 3.0 is attracting the kind of big budget films that will generate a considerable amount of jobs and in-state spending.”
Amidst the COVID-19 pandemic, Hollywood is planning out future productions for its upcoming major features. As a result, 9 new films are planning to shoot in the state of California.
The California film commission has recently announced its latest round of film projects that have been selected to receive tax credits from the state’s incentives program. The movie with the largest amount of $20 million from production tax credit allocation is Netflix’s action thriller Gray Man, directed by Joe and Anthony Russo and stars Chris Evans and Ryan Gosling. The pic is expected to bring in an estimated $102 million in below-the-line wages and other qualified expenditures, behind only Captain Marvel, which was allocated $20.8 million back in 2017.
Gray Man is based on a series of best-sellers from Mark Greaney. Gosling will portray an ex-CIA operative who becomes a killer for hire and ends up having to face off with a former colleague (Evans).
The list also includes $8.4 million for an untitled Jordan Peele project via Universal, $2.5 million for the Octavia Spencer sci-fi thriller Invasion, $2.3 million for the Jessica Chastain-drama Losing Clementine, and $1.4 million for the sports drama Sweetwater about the first African American player in the NBA. Other indies include Dan Gilroy’s Faster, Cheaper, Better, Practical Picture’s Nightfall, an untitled DOR and an untitled Jimmy Warden project. The nine films were allocated $50,053,000 collectively in hopes of generating a total of nearly $284 million in qualified in-state expenditures, and employ an estimated 1,340 crew, 342 cast and 14,397 background actors/stand-ins over a combined 374 filming days in California
The commission’s announcement comes a couple weeks after it announced that HBO’s In Treatment and TBS’s Miracle Workers would each receive $5 million in tax credits for relocating to California.