Georgia Production Incentives, "Hustle & Flow" on AICN

LEGAL INSIGHTS FOR ENTERTAINMENT AND MULTIMEDIA
May 12, 2005

In this newsletter:

GEORGIA ADOPTS PRODUCTION INCENTIVES

The governor of Georgia has signed the Georgia Entertainment Industry Investment Act.

HB539 enhances Georgia's competitiveness in the entertainment industry. Production companies investing at least $500,000 in services, materials and labor for a project in Georgia will receive a 9% base tax credit applied to their total investment. Companies will receive an additional 3% tax credit for hiring Georgia residents.

An additional 3% incentive is available for filming in an economically disadvantaged county. And for companies that invest in multiple television projects of more than $20 million in the state, there is an additional 2% credit. Additional information available here.


AIN’T IT COOL NEWS DIGS “HUSTLE & FLOW”

Harry Knowles of "Ain't It Cool News" has given a rave review to "Hustle & Flow," written and directed by our client, Craig Brewer.

"Like Tarantino did to the Kung Fu Revenge flick and Edgar Wright Jr did to the Zombie flick - Craig Brewer has done to Blaxploitation, writes Knowles. He gives additional props to the cast, who give a performance that "feels vital and alive and happening right before your eyes."

Read the review here. "Hustle & Flow" comes out this summer. Click here to visit the official website.


COPYRIGHT & DISCLAIMER

Mark Litwak & Associates grants newsletter recipients permission to copy and distribute this newsletter and distribute it free of charge, provided that copies are distributed for educational and non-profit use, no changes or revisions are made, all copies clearly attribute the article to its author and include its copyright notice.DISCLAIMER: While we are careful in preparing this newsletter, readers should consult with a lawyer before relying on any information. Case law and statutes are subject to change, and may not apply in all jurisdictions.Copyright 2005, Mark Litwak