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Post-Hooker Tax Credits: Trade Roughage 03/28/08



The Eliot Spitzer scandal resolves in a boon for the New York film industry. Plus: Paramount builds a video game studio.
  • Paramount is putting together a new division designed to craft new video games based on both current and classic Paramount films. You know what that means…”I Drink Your Milkshake” for the Wii!!!
  • New York’s state Senate and Assembly are expected to soon announce a compromise on the tax credit issue that was left in the lurch when governor Eliot Spitzer resigned to spend more time with his soul-crushing self-hatred. The new deal will favor the Democrat-led Assembly’s plan, which aimed to increase tax credits on below-the-line costs, thus supporting the state’s filmmaking infrastructure over luring flashy out-of-town productions.
  • 2008’s total box office is so far 3 percent above 2007’s, but that’s mostly due to that 3D Hannah Montana thing, and 2007 holdovers like Alvin and the Chipmunks––not a single action film has grossed over $100 over the past three months. And that’s not going to change this weekend, although both Variety and The Hollywood Reporter seem confident that 21 will do well, and Stop-Loss will not.
  • Director Alexis Spraic, producer James Scurlock, and Bunim-Murray Productions are joining forces on a documentary about the “globalization pioneer” who founded DHL.
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2 Comments

  1. John
    Posted March 28, 2008 at 11:27 am | Permalink

    Knowing that you love silent light as much as i do, i have been expecting your commentary on its recent swept of the mexican academy awards. I am very happy reygads work got recognized.

  2. karina
    Posted March 28, 2008 at 1:19 pm | Permalink

    I mentioned the wins in this post:
    http://blog.spout.com/2008/03/27/more-bushes-trade-roughage-032708/

    I don’t have much to say, other than, “Yay!”

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