Thursday, March 19, 2009

MSU study finds film industry big hit in Michigan

EAST LANSING, Mich. — A Michigan State University study has found that the state of Michigan’s law providing tax credits for film production companies that shoot their movies in Michigan is a big-time hit.

The study, conducted by MSU’s Center for Economic Analysis, found that in 2008, 32 film productions were completed, generating more than $65 million in spending and creating more than 2,700 jobs. And this was just in the eight months since the law was enacted in April of 2008.

“It’s amazing how much activity we had in such a short period of time,” said Steven Miller, CEA director and director of the study. “Many of these projects had already established they were going somewhere else, but quickly changed gears and moved to Michigan when they learned of the tax incentives.”

http://news.msu.edu/story/6082/

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