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Stallone thriller, Sorkin's Lucille Ball biopic, 10 other movies nab California tax credits
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Sylvester Stallone's upcoming thriller "Little America," Aaron Sorkin’s biopic about Lucille Ball and 10 other films have reached the final round for California’s tax credit program.
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California Film Commission announced Monday that the 12 films – eight studio films and four indies – could generate around $225 million in qualified spending.
The 12 projects qualified for the tax credit program back in April, but the announcement was delayed because of the coronavirus pandemic.
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"Program 2.0 has accomplished precisely what it was designed to do, from creating high-wage jobs to encouraging more out-of-zone production," California Film Commission executive director Colleen Bell said in a statement to The Wrap. "As the industry begins to rebound from COVID-19, the launch of Program 3.0 will help continue to ensure that California provides an unparalleled value."