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David G. Terkla

Massachusetts

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Full-Text Articles in Business

Film And Television Production In Massachusetts: The Beginning Of Hollywood East?, Pacey C. Foster, David Terkla Dec 2011

Film And Television Production In Massachusetts: The Beginning Of Hollywood East?, Pacey C. Foster, David Terkla

David G. Terkla

After declining in the 1990s (laubacher, 2006), the Massachusetts film and television industry reached a nadir with the closing of the Massachusetts film office in 2002. To revitalize this once-thriving local creative industry, in 2005 the state legislature passed a tax incentive plan that provided a bankable tax credit for qualifying motion picture and television productions in Massachusetts. As updated in 2007, the Massachusetts film tax credit (FTC) provides a refundable/transferrable tax credit for 25% of qualifying wage and non-wage production expenses and a sales tax exemption for qualifying in-state spending. Massachusetts joined, at the maximum, 43 other states in …


Film And Television Production In Massachusetts: Industry Overview And Analysis, Pacey C. Foster, David G. Terkla, Robert Laubacher Dec 2011

Film And Television Production In Massachusetts: Industry Overview And Analysis, Pacey C. Foster, David G. Terkla, Robert Laubacher

David G. Terkla

This report describes the structure and recent growth of the film and television industry in Massachusetts. We begin with a discussion of national trends in this industry and find that Massachusetts is one of the fastest growing locations for film and television production in the United States. We then discuss recent employment trends in this sector and find that there has been significant recent growth in the total number of local film and television production jobs, particularly among the unionized crew and actors that staff local productions. Examination of federal data reveals that between 2005 and 2008 there has been …