As of 2007, the film and entertainment industry has increased a whopping 1000%. A lot of people are wondering what caused this huge boom and there has been much speculation about it but no real answer has been concluded. Here are a few theories as to why:
1. The Georgia Entertainment Industry Investment Act
The most recent version of the bill, passed in 2008, offers a 20 percent income tax credit to qualified film, TV and commercial productions shooting in Georgia with an additional 10 percent tax credit given to productions that embed a Georgia promotional logo in the tiles or credits or as product placement within the content of the production. There was also the added incentive of an 8 percent sales tax credit for qualifying production purchases in Georgia, which will return to the state’s coffers on Jan. 1, 2013.
2. Bird Migratory Patterns:
If you don't believe that Atlanta has become the new hot spot for filming, just take a look of some of the celebrities that have decided to roost there.