News & Press Releases
- California’s Investment Boom: New Round of State Funding to Generate $15.5 Billion in New Investments, 2,100 New Jobs April 26, 2024 - As part of the California Jobs First initiative, Governor Gavin Newsom today announced that the state has awarded $120 million in tax credits to eight innovative companies. It will generate more than 2,100 full-time jobs...
- California Continues Stable Economic Growth, Adds More Than 28,000 New Jobs April 19, 2024 - SACRAMENTO – In a return to pre-pandemic norms of stable job growth, California added 28,300 new jobs in March – the state’s seventh job gain in the last eight months. Seven of California’s major industry sectors gained jobs in March, while the unemployment rate remained unchanged.....
- 12 Productions Projected to Bring in More Than $1.1 Billion to California’s Economy, Employ 4,500 Cast and Crew April 8, 2024 - HOLLYWOOD, Calif. (April 8, 2024) – Today, the California Film Commission (CFC) announced $152 million in tax credits for 12 television projects – one relocating series, three recurring television series, and eight new television series – as a part of its Film and Television Tax Credit Program, including one of the largest relocating series in the history of the program....
- California Jobs First: State Launches First-of-its-Kind Council to Create Thousands of More Jobs Across All Regions March 11, 2024 - Governor Newsom today announced the creation of a new state council focused on creating jobs and the awarding of $182 million in grants to jumpstart the Governor’s Regional Investment Initiative to accelerate economic and workforce projects throughout the state.....
- California’s Film & Television Tax Credit Program Attracts Biggest Blockbuster in Program History, Adding $166 Million to State’s Economy February 26, 2024 - Hollywood, Calif. – February 26, 2024 – The California Film Commission (CFC) is proud to announce a significant boost to California’s entertainment industry economy with the addition of five big-budget projects and ten independent films into Film and Television Tax Credit Program.....
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