Bill wants high tax credit in Ohio for movies, plays


DIRECTORS FLOCKING TO OHIO ALEXIS: 3, 2, 1 ACTION

HOLLYWOOD AND BROADWAY CAN BE FOUND RIGHT HERE IN THE QUEEN CITY >> WE JUST WRAPPED THE TED BUNDAY MOVIE WHERE WE SAW OVER 100 TO 150 IN THOSE LEAD ROLE POSITIONS THESE ARE PEOPLE WHO LIVE HERE AND HAVE THIS LIVELIHOOD AND ARE PART OF THIS INDUSTRY PEOPLE ARE MOVING HERE FROM OTHER STATES BECAUSE THIS INDUSTRY EXISTS ALEXIS: FROM THE SCREEN TO THE STAGE LARGE SCALE PRODUCTIONS ARE A GROWING AND LUCRATIVE MARKET IN THE TRI STATE

— IN THE TRI-STATE THATS WHY OHIO HOUSE BILL 525 WANTS TO INCREASE THE AMOUNT OF MOTION PICTURE TAX CREDIT FROM $40 MILLION TO $100 MILLION TO BRING MORE FILM AND STAGE PRODUCTIONS TO THE STATE >> IT IS NOT LIKE WE ARE THROWING MONEY AT HOLLYWOOD THEY ARE SPENDING IT HERE AND THEY DO NOT GET THAT CREDIT UNTIL THEY HAVE SPENT THE MONEY THAT WE THINK IS IMPORTANT TO OHIO ALEXIS: BY INCREASING THE TAX CREDIT FROM $40 MILLION TO $100 MILLION, THAT WOULD ALLOW PLAYS AND PRODUCTIONS THAT ARE CREATED RIGHT HERE IN CINCINNATI TO MAKE IT TO BROADWAY

>> WE HAD A VERY SUCCESSFUL TRANSFER OF OUR PRODUCTION COMPANY BACK IN 2006 TO BROADWAY IT WON THE TONY FOR BEST REVIVAL OF A MUSICAL WE HAVE HAD CERTAINLY SOME EXPERIENCE WITH THAT ONE OF THE BIGGEST HURDLES OF COURSE IS THE MONEY ALEXIS: BROADWAY PLAYS AND MUSICALS THAT RUN IN OHIO FOR AT LEAST FIVE WEEKS, WITH AT LEAST SIX PERFORMANCES A WEEK WOULD QUALIFY FOR THE CREDIT SO WOULD PRODUCTIONS KNOWN AS ADAPTIVE VERSIONS, WHICH ARE SHOWN OFF-BROADWAY TO WORK OUT KINKS BEFORE OPENING IN NEW YORK CITY

>> WE BRING 14 OR MORE WEEKS OF SHOWS HERE EVERY YEAR THE ECONOMIC IMPACT, JUST SO F THIS YEAR HAS BEEN $46 MILLION JUST FROM THE BROADWAY SERIES ALONE AND THE OTHER DOLLARS PEOPLE ARE SPENDIG DOWNTOWN AND WE STILL HAVE FOUR SHOWS TO GO ALEXIS: SCHLOTMAN SAYS THE GOAL IS TO CREATE A PERMANENT WORKFORCE IN OHIO FOR FILM, TV AND LIVE THEATRE >> WE WANT TO ANCHOR A TELEVISION SERIES

WE WANT AMAZON, WE WANT NETFLIX, WE WANT HBO WHATEVER THAT IS WE WANT TO SEE LOCALS WORKING HERE ON A REGULAR BASIS WE WANT TO KNOW THAT THEY HAVE 8 MONTHS OF CONTINUOUS WORK AT A TI

Source: Youtube


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AJ

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