Tuesday, July 29, 2008

Film is here now, but will it stay?

Source - The Wall Street Journal

There's debate over the film incentive packages and whether or not it was too much. Additionally, other businesses felt slighted saying, "where are our incentives?" Regardless of the bickering, the incentives seem to be working. After the package was passed, 84 scripts were submitted for consideration within the week (there were seven all last year). Right now, an estimated $200 million from the film industry will make its way through the Michigan economy. But the question still remains: Will it form into Detroit's new sustaining industry?


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