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We’re In the Movie Biz. MSPRA Breakout Session Thursday, November 13 th Presenter: Anita Banach. Today’s Session. Michigan Incentives The Studios’ Point of View How to Get Prepared What to Expect Positives and Pitfalls Questions, concerns, thoughts or ideas. How did it happen?.
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We’re In the Movie Biz MSPRA Breakout Session Thursday, November 13th Presenter: Anita Banach
Today’s Session • Michigan Incentives • The Studios’ Point of View • How to Get Prepared • What to Expect • Positives and Pitfalls • Questions, concerns, thoughts or ideas
How did it happen? • Films have shot in Michigan since 1946 • Famous films include Somewhere in Time, Beverly Hills Cop, and Escanaba in Da Moonlight • Our state has interesting terrain, weather, rural, small towns, big cities and everything in between! • New “Incentive Package” Legislation
A Look at the Incentives • Film and Digital Media Production • Infrastructure Development • Financing • Workforce Development • 40% Refundable or Transferable Tax Credit • 25% Tax Credit for Infrastructure Investments
Impact? • Building Sites • Property • Access to People
What Studio Folks are Thinking • This creates “buzz” • It is “intriguing”…everyone is interested in Hollywood • Money, Money, Money • You don’t have to do a thing
How to Get Prepared • Begin conversations and board discussions • Overall Philosophy (revenue enhancement or building stewards?) • Review and/or modify Board Policy • Assign a Go-To Person • Make a Plan
Looking at Policy • Do you have written guidelines/practices? • What is your Fee Structure? • Who Reviews Contracts? • What Costs Should be Associated? • Insurance Requirements?
A Movie is Coming to Town! How does the process work? What can you expect?
Positives • Gets people inside the schools • Possible curricular ties…especially to art/drama students • Revenue Enhancement • Ties your town/district to something “bigger” • Community Commerce • Really Interesting Experience
Pitfalls • Community discourse – different philosophy • Outside Control • Difficult to make “Hollywood” follow district rules – no smoking! • They move at their own pace • District may not know end result