Hallelujah!
The Committee of Conference Bill, AN ACT PROVIDING
INCENTIVES TO THE MOTION PICTURE INDUSTRY, moved
through both House and Senate to Massachusetts
Governor Mitt Romney’s desk for signature making it
law. We were sworn to secrecy until the official press
release came out.
 |
 |
 |
| [TOP]
Christy Scott Cashman, Representative Brian Wallace, and Carol Patton pose for a photo at an event honoring Wallace and his work in behalf of our production community.
Photo by Robert Pushkar. |
| [L]
Representative Brian Wallace addresses guests at a special event in his honor at Christy Scott Cashman’s home in Back Bay, Boston.Wallace holds a copy of IMAGINE (October 2004) with some of his fellow legislators on the cover.
Photo by Robert Pushkar. |
| [R]
First Lady Ann Romney, Governor Mitt Romney, and Publisher Carol Patton at the Governor’s Holiday Gala. Patton personally thanks the Governor for signing into law important film tax incentive legislation.
An IMAGINE photo |
It
felt great to go to the Governor’s Holiday Gala and
say thank you in person to Governor Romney and Lt.
Governor Healey for their support of film tax
incentive legislation. It was my first event at the
impressive Boston Convention & Exhibition Center
in South Boston. It was a celebration of a successful
year for the administration and that success also
extends to the film production business in the
Commonwealth.
When
IMAGINE began publishing early in 1998, we stated our
goals of supporting, growing, and working every aspect
of the Film and Television Production Industry in New
England. Some of that was in our imagination, but we
did believe we could connect the dots! Soon after,
IMAGINE added New Media to its list. In 2002 we
declared politics as on our list because in 2002, no
one would take our industry telephone calls on Beacon
Hill and we lost an important state film office that I
knew would take 3 to 5 years to replace.
In
2002, the industry was not well organized, the
industry had no clout, and as an industry we were
losing the competitive “locations” war, especially
in Massachusetts. It needn’t have happened; but,
that’s another very long story for another time.
There
comes a time in every company’s life when it
realizes it can serve itself better. Sometimes it’s
a name change. I still believe in the name IMAGINE as
I believe every creative process begins there. Now
that Massachusetts and Rhode Island are incentivized,
IMAGINE is moving to a new phase of business
philosophy. This month, in this issue, we have changed
our positioning statement to “The Business of Film,
Television, and New Media Production in the
Northeast.”
Let
the competition begin. It will with a solid
implementation of the good incentives the legislature
and administration have provided for us. The region is
about to arrive in a new age of its competing for the
business. IMAGINE will be there to light the way.
Massachusetts and Rhode Island, are at the top of the
list of national competitors as locations for the
production business. This can be a very exciting time.
It
was Thanksgiving Day when Governor Romney’s press
release landed on the business pages of the local main
stream press. “Thank you,” I said. Can we now stay
in the business pages and out of the gossip columns,
please? Celebrity and gossip have their place when it
comes to selling tickets, but, industry leaders and
elected officials must focus on business. It’s
called show business, remember?
Yes!
Massachusetts is open for business, at last! We tip
our hat to Steven Feinberg and Rhode Island who led
the way. In less than six months after passing their
thoughtful legislation, the state has attracted more
than $200 million in Film, Television, and New Media
production and commitments, better than Louisiana in
their first year of aggressive film tax incentives!
I’ve been so impressed with Rhode Island where
leadership, elected officials, industry unions, Steven
Feinberg and those who work in the industry have
worked tirelessly together to make extraordinary
things happen.
 |
| Providence Mayor David N. Cicilline, HARD LUCK producer Peter McIntosh, and Director and Star Mario Van Peebles in the Rhode Island State House for a press conference welcoming HARD LUCK to the State. Production has begun with leads Wesley Snipes and Cybill Shepherd bringing even more production revenue to Rhode Island.
Photo by Lew Place |
Now
we have to concern ourselves with implementation in
Massachusetts. The Massachusetts Film Tax Incentive
Law is
not the best in the country, but there are off-sets
and many ancillary benefits for coming to the
Commonwealth, like our world class educational
institutions, our great architecture, our creative,
technical and business acumen that we provide for the
entire planet, and don’t forget our mysterious
coastlines and wintry landscapes.
Wouldn’t
you want to stop by MIT’s Media Lab or Harvard’s
Film Archive if you needed a certain kind of support?
What about Emerson, Boston University, Brown
University, and the Rhode Island School of Design, and
others if you needed a cadre of intern and entry level
support? It just doesn’t get any better than this
anywhere. When we play this out professionally,
we’ve got a lock on
a great future.
The
imprimatur of the state is imperative! We do
need to move quickly as now the world knows we have
passed film tax incentive legislation. IMAGINE has
experienced a large volume of calls asking who to call
to pursue our newly passed incentives and how to get
those credits.
In
Massachusetts we may have the cart before the horse.
While we have a competitive piece of tax legislation
to attract movie studios and major producers, the
implementation of a new office for incentives, its
administration, and marketing needs considerable
attention from our administration and legislature.
There is
a cost involved. We still have opponents
out there looking to turn back to the dark days of the
past. We just can’t allow that
to happen.
Here
at IMAGINE we are thankful to the elected officials
that have been helpful in our quest to pass this
important legislation. I have thanked and appreciated
them regularly in Take Two, and placed some of them on
the cover of IMAGINE because of their support. We will
continue to show our appreciation of our elected
officials as we did the day after the bill got out of
Conference and onto the Governor’s desk. IMAGINE
organized an event for one of our most important
proponents, Representative Brian Wallace, a writer
with two novels optioned by Hollywood. Wallace has
worked tirelessly inside the legislature for our
industry’s benefit. IMAGINE identified Wallace in
2002 and helped him get elected because we knew he was
like-minded and would be supportive of our industry.
Christy
Scott Cashman (see the cover story in this issue),
hosted this event at her home in the Back Bay of
Boston. It was a lovely evening and it was apparent
that many in our industry appreciated Wallace’s work
in our behalf. He was the first, of now many,
to support us. I want to thank everyone who attended
in behalf of Representative Wallace. He was very taken
with our gesture.
Please
put January 10th on your calendar for IMAGINE’s big
industry celebration of the New Year and the New News!
We’ll be gathering at Hoffa’s Swiss Alps
Restaurant in Harvard Square. Your invitation is on
the inside back cover of this issue. Unfortunately,
space is limited and this event sells out every year.
Book early if you can.
I
wish the best to our readers, advertisers, co-workers,
and vendors. May it be a year to find peace and
prosperity. Merry Christmas, Happy Chanukah, and Happy
New Year to everyone!
|
“LIGHTS,
CAMERA, ACTION!” IN MASSACHUSETTS
Romney
says tax credits will attract movie
production to the Bay State
|
Governor
Mitt Romney today (November 23, 2005) signed a
bill into law that provides the film industry
with tax credits designed to attract movie and
television production to Massachusetts. The
tax incentive program reduces the cost of
producing motion pictures to help expand the
state’s film business.
“Grab
your popcorn and soda, because Massachusetts
is ready for its close-up,”
said Romney. “Movie and television
production has increased dramatically
over the past 10 years and we want to
get a piece of that growth by encouraging
producers,
directors, and crews to do their jobs
right here in the Commonwealth.”
Under
the new measure, filmmakers who incur at least
$250,000 of production costs in the
Commonwealth will be eligible for income and
corporate excise tax credits equal to 20
percent of the total Massachusetts payroll for
the film, excluding salaries of $1 million and
higher.
In
addition, filmmakers who site more
than half of their total production in
Massachusetts or expend more than half
of their total production costs here will be
eligible for a 25 percent tax credit for all
Massachusetts production expenses, excluding
payroll.
Finally,
filmmakers who expend over $250,000 in
Massachusetts production costs in any one-year
period will be eligible for a sales tax
exemption.
The
total credits available for any one production
are capped at $7 million.
“Whether
it’s the revenue and jobs generated by a
local shoot or the tourism dollars that can be
traced back to projecting the state on the big
screen, making movies in Massachusetts just
makes sense,” said Speaker Salvatore F.
DiMasi. “This law will send a very strong
message to a multi-billion dollar industry
that Massachusetts is back and open for
business.”
“This
is a very exciting day for the Commonwealth,
and we owe much to the collaborative
leadership and vision of Governor Romney,
Senate President Travaglini and Speaker DiMasi,”
said Don Stirling, President and CEO of the
Massachusetts Sports & Entertainment
Commission. “Our incredible geography
and very capable film workforce has always
been attractive to Hollywood, and now, with
this film incentive legislation, we have the
economic resources to attract more and more
movies to Massachusetts.”
|