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NABET 700-M UNIFOR represents over 1000 Film, Television and New Media Technicians in the province of Ontario.

NABET 700-M UNIFOR
100 Lombard Street
Suite 303
Toronto, ON
M5C 1M3
Tel: 416-536-4827
Fax: 416-536-0859
Email:
info@nabet700.com

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May 29, 2015

Weekly Update from Film Ontario, May 29, 2015

Folks,

We have succeeded together!

Our requested grandfathering amendment was announced by Minister Coteau on Monday - as per our email to you. And late yesterday, we received notice that the amendment was passed by the Finance and Economic Affairs Committee , so now it will be embedded within the 2015 budget Bill 91. This Bill will come back to the house for third reading before the summer break starts on June 4.

We are hoping next for a statement of commitment to protect these new, current rates, going forwards.

We encourage you to reach out to your MPPs and Ministers Coteau, Duguid, Sousa and Premier Wynne, with your thanks, and the importance of stability going forwards.

Last evening I was invited to attend the Interactive Ontario Town Hall session, where the OMDC walked us through the changes to the OIDMTC and IDM Fund. There was also a fulsome Q&A, both live and via web. Some aspects of the changes are still being developed.

The OMDC has expressed a willingness to participate in a FilmOntario session to review the OPSTC and OCASE changes which will impact any new projects since April 23, 2015. Please email me at sarah@filmontario.ca if this would be of interest.

Take care,
Sarah

Sarah Ker-Hornell
CEO & Executive Director
________________________________________________________________

Weekly Update from Kelly Graham-Scherer, Los Angeles Representative

Happy Friday everyone,

The good news out of Ontario traveled fast in Hollywood this week. As detailed below in the Hollywood Reporter, it was announced Monday that foreign productions already committed to the province before the government last month cut its tax breaks to 21.5 percent will receive the more generous 25 percent tax credit rate previously in effect.
http://www.hollywoodreporter.com/news/ontario-amends-foreign-film-tax-797842

The Los Angeles-based permitting agency and industry advocacy group FilmLA released its second annual study on feature film production yesterday and revealed that just 22 out of 106 major studio releases in 2014 were made in California. It was interesting, and somewhat perplexing, to see how those stats were interpreted by two top media outlets in very different ways.

An optimistic story in Variety pointed out that the numbers represent a 47% jump from the reported 15 California-based projects in 2013 and reported California as the only jurisdiction to attract non-incentivized productions.
http://variety.com/2015/film/news/california-rebounds-sharply-in-2014-feature-film-production-1201506922/

The L.A. Times coverage of the study took a sharply different tone, with its headline reading "Big Movies in Short Supply in California".
http://www.latimes.com/entertainment/envelope/cotown/la-et-film-survey-20150528-story.html

Changes to film and TV tax incentives in Louisiana are one step closer this week. The New Orleans Advocate reports below that a series of bills that would cap the program at $200 million and limit the amount credited for non-resident labor won approval from a House committee Tuesday and are now close to winning final approval from the state Legislature.
http://theadvocate.com/news/12478290-123/package-of-bills-to-revamp.

Louisiana Governor Bobby Jindal, a prominent figure in the Republican Party and probable presidential hopeful, received heavy criticism this week for signing a "religious freedom" executive order to protect same-sex marriage opponents. An article in the Hollywood Reporter below speculates on whether the perceived anti-gay order has the potential to affect the state's film industry: most sources seem to think not.
http://www.hollywoodreporter.com/news/louisianas-anti-gay-order-wont-797654

I have heard rumblings the last few months about the stability of the incentives program in Georgia and my guess is that a visit to Hollywood this week by Governor Nathan Deal was meant to quiet them. As reported in the L.A. Times below, the Governor held a reception last night for a group of studio executives and producers at the Sunset Tower Hollywood. Billed as "Georgia Night in LA", the event provided the opportunity to assure attendees of Georgia's long-term commitment to the film industry.
http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-georgia-governor-nathan-deal-film-hollywood-20150522-story.html#navtype=outfit

Finally this week, Home Media Magazine had a really interesting feature on rise of digital delivery. As detailed below, the revenue from digital purchases is approaching $2 billion domestically and digital purchase offers a significantly higher margin to content owners than a stream on a service such as Netflix, which is good news for studios looking to combat shrinking physical sales.
http://www.homemediamagazine.com/news/digital-goes-over-top-35916


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