Word: film
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...Massachusetts Film Office has been taking such analyses very seriously. The spike in film production spending—an increase from six million dollars in 2005 to nearly 400 million dollars in 2007—has the Office scrambling to meet the needs of film producers, an effort that they believe will be worth the extra attention if the initiative succeeds...
...with those programs that are working,” Paleologos says. “As you look across the landscape, people are being laid off, companies are being closed down, budgets are being cut back. The one area in our economy that is expanding and hiring and succeeding is [film...
...order to sustain this trend, Paleologos and the Film Office are trying to find ways to develop the workforce of below-the-line film employees that are not generally connected to a film before it starts shooting. The abundance of students studying film at Boston’s many colleges are a renewable resource of future film workers, and the Film Office has organized a “PA Bootcamp” in coordination with area schools...
...addition to a reliable below-the-line workforce, film producers also need studios and soundstages, a request that has left members of the Film Office searching for usable warehouses. Last Monday, the town of Plymouth approved the construction of Plymouth Rock Studios, a $400 million privately-funded studio complex proposed by a group of Hollywood veterans that seeks to fill this need...
...Despite the apparent success of Massachusetts’s incentives, incorrect budget estimations and other indiscretions have caused some other states to lose money in developing their film industries. Not everyone is convinced that Massachusetts can successfully avoid the challenges that others have faced, especially in an industry that has, until two years ago, been relatively nonexistent in the state. While proponents of film incentives argue that movies have continued to fare well despite past economic downturns, history may not be completely reliable as a predictive tool...