Paramount was among the leaders in the latest round of tax credits granted to productions by California’s film office amid a showdown with the state over its $111 billion takeover of Warner Bros. Discovery.
Paramount Television Studios and CBS Studios nabbed $37.3 million to film Viola Davis thriller Ascent and a sequel series to the 1995 cult classic film Clueless in California, trailing only Disney ($45 million) for a massive untitled detective series in this allotment of incentives the film commission said Monday.
Combined, nine shows that will spend over $498 million across 1,032 shoot days were awarded $145.5 million to film in the state. Seven of the productions are new, a much welcome boon to a production landscape seeing fewer series shoot in the region.
“California has been a pioneer in film and television production. With the expanded Film & Television Tax Credit program, we’re able to shine a spotlight on the talent and creativity the Golden State has to offer, while also generating new jobs and fair wages,” said Gov. Gavin Newsom in a statement. “Just as it did in its first year, the second year of the expanded tax credit plans to continue exceeding expectations, and generate billions in economic activity — solidifying California’s competitive edge in entertainment and expanding opportunities for today’s workforce.”
