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Tuesday, 27 March 2012 - NY studios expand in bid for more films, TV shows |
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      Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Issues 2012 Candidates 2012 Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. 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The city's mayor, Michael Bloomberg, opened the soundproof stages at the Steiner Studios in Brooklyn, predicting they would add more entertainment industry jobs in New York alongside other initiatives including new city grants and a media center. Media company executives, independent producers and other show business professionals have long complained that New York City had become too expensive to make movies and TV shows. Director Woody Allen, for one, often said the city famed for being his muse is now too costly and he turned his eye to making films in Europe, including last year's acclaimed "Midnight in Paris" and before that "Vicky Cristina Barcelona." Other productions left New York for cheaper locations in Canada or states like North Carolina, Lousiana or New Mexico that offered financial incentives to shoot there. But New York City has fought back by helping entrepreneurs launch production facilities. Steiner Studios, which opened in 2004, housed the "Sex and the City" movie and is the current home to the "Boardwalk Empire" TV series. In addition, New York state has promised to extend a 30 percent film and TV tax credit until 2014. Bloomberg told reporters on Monday that the new Steiner sound stages had been created to keep up with a growing demand. He characterized the city as now "a popular and prosperous home to hundreds of films and television shows." "A little over a decade ago, New York City struggled to attract the lucrative production industry to film here," said Bloomberg, adding the new stages would "help the next generation of production professionals start their careers on the right track." A spokeswoman for the city's media office said that in 2002 there were nine primetime TV shows filmed in the city and ten years later there are 23. Over the past decade, the city averaged the same number of about 200 film shoots annually, she said. Other cities and countries including Britain have also stepped up efforts to attract show business. In November the British government said it was extending tax breaks for the film industry and has considered extending that to TV dramas for makers of TV exports such as "Downton Abbey." That move would bring it in to line with many other countries that offer tax relief to TV production, such as France, Hungary, Ireland and South Africa. (Reporting By Christine Kearney, Editing by Bob Tourtellotte) Entertainment Fashion Tweet this Link this Share this Digg this Email Reprints Entertainment News From the Wrap ‘50 Shades of Grey’: $9M Is Losing Bid for Arnon Milchan (Exclusive) 2:09am EDT TheWrap has also learned how much Universal paid for '50 Shades of Grey' -- a whole lot less than Milchan offered Netflix Walks Away From 'Terra Nova' Deal 26 Mar 2012 20th TV plans to keep shopping Steven Spielberg's dino drama now that Netflix talks have broken down 4 Non-Essential TV Networks: Watch Out, Oprah and Mark Burnett 12:31am EDT There are niche networks with devoted followings, and then there are missable ones in a world full of screen creep Megan Fox and Brian Austin Green Sued Over Alleged Paparazzi Beatdown 26 Mar 2012 Celebrity photographer claims "Beverly Hills, 90210" alum Brian Austin Green pummeled him while wife Megan Fox egged him on   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.   Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Advertise With Us Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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