Movies

Mexico guv succeeds in capping tax incentives

MUMBAI: New Mexico‘s new Republican governor Susana Martinez has succeeded in her attempt to get state lawmakers cap tax incentives for the film industry.


A bill, on its way to Governor Susana Martinez‘s desk after the legislative session ended over the weekend, would limit total state film incentives to $50 million a year.


Under the cap, if a film is due more than that in tax credits in a year, the filmmaker could collect in the next years as well. It is being said that the said cap could mean some $23 million a year in savings.


But Martinez, who has called the incentives "a subsidy to Hollywood on the backs of our schoolchildren," did not succeed in getting the incentives cut from 25 to 15 percent as she wanted. The 25 percent rebate means that a quarter of any qualified film expenditures in the state are returned to film makers.


The governor said that she was encouraged by the legislative compromise. In a statement on Friday, she said the film cuts "protected classroom funding and healthcare for those most in need."


About 20 states currently give more or equally generous film incentives than New Mexico, including Louisiana, New York, and most recently, Utah, where a proposed incentive increase from 15 to 25 per cent awaits the governor‘s signature.
 

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/02/19/padmaavat.jpg?itok=lvNhzj8C
Why Padmaavat in 3D almost didn't happen

​​Fans can’t stop raving about the 3D version of Padmaavat and how it drew them right into the world of Queen Padmavati. However, it is a little known fact that director Sanjay Leela Bhansali had long been considering the idea of releasing his films in 3D. “We wanted to try 3D with Guzaarish and...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/02/19/suli.jpg?itok=W5NWhzBG
Let Vidya Balan charm you with her simplicity with the world television premiere of 'Tumhari Sulu' on Sony MAX

Sony MAX, the leading Hindi movies channel from Sony Pictures Networks is all set give you a sneak peek into the lives of middle-class suburban Indian households with the world television premiere of ‘Tumhari Sulu’ on 25th February at 12 noon. Vidya Balan and Manav Kaul’s portrayal of Sulochana...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/02/13/don_0.jpg?itok=AO5yYlBO
Sony MAX2 to air Amitabh Bachchan’s iconic movie 'Don'

MUMBAI: Who can forget the blockbuster songs like ‘Yeh Mera Dil’, ‘Khaike Pan Banaraswala’ and the gripping plot of crime thriller Don? It’s still one of the most loved movie of Amitabh Bachchan fans across the country.

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/02/09/zz.jpg?itok=JaAblB3K
Biopics & sports-based films help popularise sporting culture in India

MUMBAI: “Sattar minute, sattar minute hai tumhare paas ... shayad tumhari zindagi ke sabse khaas sattar minute ... (Seventy minutes, seventy minutes is what you have ... may be the most important seventy minutes of your life..)”.

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/02/01/PVR_800.jpg?itok=baVBn9xg
PVR numbers up on higher ticket price in third quarter

BENGALURU: Despite lower admits and occupancy during the quarter ended 31 December 2017 (Q3 2018, the quarter under review), Indian entertainment and exhibition company PVR Ltd (PVR) reported higher revenue due to higher ticket prices. In its investor presentation, the company reported 2.8 per...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/30/pict_0.jpg?itok=m0l1j3pE
Sony Pictures Television, UNF to showcase emerging filmmakers

Sony Pictures Television Networks (SPTN), in partnership with the United Nations Foundation (UNF), has announced the opening of the Picture This Festival for the Planet, a short-film competition for emerging filmmakers to showcase the positive future they see for the planet. Starting 30 January,...

Movies Short Films
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/30/rishtaa.jpg?itok=2BDFlMRY
Zee Cinema airs Akshay Kumar and Amitabh Bachchan's superhit film Ek Rishtaa: The Bond of Love

Zee Cinema, Home of Blockbusters, brings you the power-packed emotional drama, ‘Ek Rishtaa: The Bond of Love’ that airs on the channel on Saturday, 3rd February at 8 PM. With performances that truly touch the heart and India’s acting power-houses - ‘Big B’ and the ‘Khiladi of Bollywood’, this...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/24/captain.jpg?itok=hAmUv20t
Times Network evokes the ‘hero’ in viewers with its Republic Day movies line-up

Times Network, a part of India’s largest media conglomerate, The Times Group, commemorates the 69th Republic Day of India through a specially curated line-up of movies on its channels MOVIES NOW and MNX featuring big screen heroes who save the world from dark forces. With movies such as ‘Captain...

Movies Hollywood
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/23/rajesh.jpg?itok=0JusqdfP
Kyoorius Group announces partnership with The one club for creativity to serve as official representative in india

Kyoorius Group today announced it has formed a partnership with The One Club for Creativity, the leading global non-profit organisation behind The One Show, ADC Annual Awards and other programming, to serve as the club’s official representative in India.

Movies Short Films

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories