Word: hollywood
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...just as rough on the back end. Small distributors like ThinkFilm, which released the popular documentaries The Aristocrats, Born into Brothels and Murderball, are struggling, while financially stronger studios - the Hollywood heavies - are scaling back. Just two years ago, each of the six major studios had at least one specialty film division that bought indie films at events like the Toronto International (TIFF) and Sundance festivals, arranged for them to be shown at movie theaters and marketed them to the public. Today only Twentieth Century Fox, Sony and Universal still have specialty divisions - Disney does, too, but in name only...
...flaws. If you consider though that right now, there is a Tom Cruise movie, two Ben Affleck movies, an Adam Sandler film, and a movie about Facebook starring Justin Timberlake all being filmed in Boston at the same time, it’s not hard to imagine how good Hollywood is going to try and make Boston look...
...terms of insincerity, the Massachusetts government has met Hollywood halfway. In an effort to drum up business, Massachusetts has sold itself to products it has no control over and, for better or for worse, could suffer from false advertising. At the same time, Hollywood seems to be selling out to a city that hasn’t yet earned the special treatment...
...that a recent Massachusetts Department of Revenue report stated that the tax break program is not nearly as economically simulative as once thought. In what looks to be quite unfair to Massachusetts taxpayers, the government is only receiving about 16 cents on the dollar for their investment in Hollywood. According to the report, over 80 percent of tax breaks on actor and crew salaries are paid to out-of-state workers...
...essence, the increased filming in Boston is a losing situation for all involved parties. Massachusetts isn’t getting the kind of revenue it wants, residents are forced to accommodate massive film crews, Hollywood is choosing economy over aesthetics, and audiences are courted by a city that might not really be interested. Lose-lose-lose-lose situation...