Thursday, April 14, 2016

Georgia's New Booming Industry

Since 2007, it seems that the film industry in Georgia has increased significantly. If you thought that it seemed like a lot of Hollywood stars have left the west coast and relocated in Atlanta, then you'd be right.
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:
Migratory patterns
Birds migrate to move from areas of low or decreasing resources to areas of high or increasing resources. The two primary resources being sought are food and nesting locations. As winter approaches and the availability of insects and other food drops, the birds move south in search of warmer weather and for a larger abundance of food. During the winter, or "dead" months, production companies pour millions of dollars into trying to give the allusion that birds are still prevalent within their respective areas. People eventually realized that the gains from relocating more south outweighed the former option tremendously.

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.

 Tyler Perry

Bobbi Kristina

Chip Wade

Mark Richt

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