Philadelphia RowHome magazine Winter 2009

Page 87

PRHFILM lons of lemonade‌For fiscal year 2010 (July 1, 2009-June 30, 2010), the film tax credit program is funded at $42M. For fiscal year 2011 (July 1, 2010-June 30, 2011), we are funded at $60M. We’ve also been told that funding for the following year will be restored to $75M! What does this mean for Pennsylvania? We are still open for film business and applications are currently being accepted for this fiscal year. Our film tax credit program remains a 25 percent transferable tax credit to qualified projects that spend at least 60 percent of their total production budget in the Commonwealth. Please go to our exciting website www.film.org for detailed information on tax credits. And check out the lineup of films that are shooting in our area, jobs in film, movie tours and fun gifts for film buffs.

“Sure, when our pro teams win games, our civic pride soars! But, when Philadelphia takes center stage on the silver screen or as the backdrop to FX’s wildly popular It’s Always Sunny in Philadelphia every week, it’s hard not to be a proud Philadelphian.� Root for the home team! Sure, when our pro teams win games, our civic pride soars! But, when Philadelphia takes center stage on the silver screen or as the backdrop to FX’s wildly popular It’s Always Sunny in Philadelphia every week, it’s hard not to be a proud Philadelphian. This summer, despite the uncertainty of the tax credits, we hosted a handful of productions including the third Bollywood film in 2 years and an as yet untitled James L. Brooksdirected film starring Reese Witherspoon, Owen Wilson, Paul Rudd and the ever-popular Jack Nicholson. Film production is an entertainment franchise. We take pride in the fact that directors and producers choose our region to call home for months at a time while using our resources to create their masterpieces. Showing your support for our creative industry is just like putting on your Eagles jersey or painting the town red in honor of the Phillies. Let’s not forget that each film shot here translates into hundreds of new jobs for residents and money spent in your local businesses. Having movies shoot in our neighborhoods means film crews are spending their per diems in our local restaurants, dry cleaners and supermarkets - providing a shot in the arm to our local economy and to our morale as well. What’s Next? Check out films shot locally like Law Abiding Citizen, Dare and The Lovely Bones, all of which will be in theaters before the end of the year. We’re also excited because 2010 marks GPFO’s 25th Anniversary and we intend to celebrate! Since its inception, GPFO has provided services for more than 260 major films and TV shows, helped create thousands of jobs and is responsible for nearly $3 billion in economic impact to our region. You’ll be hearing about our plans for next year’s Silver Anniversary of the Philadelphia Silver Screen before long, so stay tuned and thanks for your support. 6

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