BlackAdam

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So as it presently stands you don’t think this set of rules overreaches and disincentivizes long term investment in the state?

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No. The whole statute disincentives long term investment in the state. No viable film company will set up shop outside of LA or NYC as long as they can get no strings attached money from 45 other states and nations around the world. Film credits are a constant race to the bottom. Nothing about the statute or rules in any form ever would have led to a sustained film industry, and anything that would lead to a sustained industry wouldn't be well received.

And as terrible as film credits are in general, when the state restricted related party producer and finance fees, the quality of productions increased. The program attracted people in the business of making movies and chased out people who were in the business of making tax credits.

And sure, studios will sign up for long term deals when you offer enough, but they will stop bringing in production as soon as the flow of money stops. This has been proven everywhere. This has been the case everywhere.

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50 did learn from EFO so that might be an issue.

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I think you are hitting the nail on the head. Getting those guys to move on added years to the life of the incentive.

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To be fair, if he thought he could build Tyler Perry Studios in Shreveport, it doesn’t work because of the state’s obtuse reactionary “related party transaction” rules.

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This is one of the single dumbest things I have ever seen on this site, which is kind of remarkable.

Related party transactions were a source of massive fraud in the film and DM programs before the state hired people with financial backgrounds to administer those programs. Those related party transactions and mandatory withholding eliminated tens of millions of dollars in fraudulent tax credit issuances.

I wish I were exaggerating, but I would frequently have fly by night productions come to me for tax credit projections to get loans against the future credits, and the budgets were 15 or 20% related party producer fees which is absurd. Those transactions had no valid business purpose but to create tax credits.

This show is so hit and miss. The one on JYD was awful.

I had floor seats at four different manias, VIII, X7, 30, and 35, and combined my tickets cost less than an upper level at a PLE since the TKO purchase.

The obvious answer is the correct one. The unions made domestic production cost prohibitive with their great "wins" after the last round of labor negotiations.. More production is going to Canada, the UK, Australia, and Eastern Europe.

The industry gets to stack local and national incentives plus lower labor costs and favorable echange rates overseas. Congrats IATSE your knew standards agreement guarantees grips $80 an hour, but the contract guarantees 0 hours at that rate.

Auburn in 1999, UAB in 2000 or Colorado State in whatever year that was.

I haven't had an Abita beer since that commercial with the Bengy Davis Project.

My timeframe for working with legislators regularly was 2006-2024. In that stretch Sharon Hewitt really stands out, but she didn’t have much of a bar to clear.

The dumbest was probably either Dottie Horton or Major Thibaut. I’ve met cats and dogs smarter than them. Most cats
and dogs are smarter than them. I’d be shocked if Thibaut isn’t a frequent poli board poster.

Dwight stood up to his bully, and Jim ran cowering.

That is his blind family trust with record setting trading volume and outperforming the market by 10x mostly on industries where he has committee involvement. He is totally against congressional stock trading bros.

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No it’s not. Dostoevsky conducts one of the most profound examinations of faith in general, and exegesis of his position, in all of history. this is not at all like your Jim Bob. Of course, it comes down to faith, and faith is often rooted in one’s culture.

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A tad disingenuous though coming from a defender of the the Russian orthodoxy, a pillar of the Tsars that shifted into a KGB asset. He argues that Rome gave into the third temptation while being a member of the preeminent example of a state church. It is a perverse irony.

He hated Catholics because he associated Catholicism with Poland. He beat up the Roman Church because of his own bigotry, and he gave the Russian church a pass because of he was virulent nationalist.