This includes most materials, services and labor. Production companies that spend a minimum of US$500,000 in the state on qualified production and post-production expenditures in a single year are eligible for this credit. The cornerstone of the 2008 Georgia Entertainment Investment Act is a 20-percent investment tax credit. Screen Gems has always been aware of this place and its history and has been waiting to get into the Atlanta market." "We wouldn't be here without it," Bagwell says of Georgia's film industry incentives program. While the facilities offer plentiful space and are just seven miles (11 km.) from Atlanta Hartsfield-Jackson International Airport, Georgia's tax incentives were the tipping factor. (3,473-sq.-m.) sound stage, which will tie with one of the Wilmington studios for the distinction of being the largest on the East Coast when it opens in March. The company, which also operates studios in Wilmington, N.C., and New York City, is also building a 37,000-sq.-ft. It is renovating four buildings which were formerly used as exhibition halls at the old fairgrounds.
#Screen gems atlanta ga movie#
The company should not be confused with Sony-owned Screen Gems Studios, which is a movie production company. New York City-based EUE/Screen Gems specializes in the operation of studio facilities and is using the property as a studio complex for television, commercial, digital and film production. EUE Screen Gems has signed a 50-year lease with the City of Atlanta, which owns the property. The new campus is being developed on a 30-acre (12-hectare) site formerly known as Lakewood Fairgrounds. Bagwell, the executive vice president in charge of the Atlanta studio, says that will rapidly change as the new entertainment campus develops into a major film production complex with more than 100,000 sq. Ris Bagwell describes the new EUE/Screen Gems Studios in Atlanta as half studio, half construction site.
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