Hollywood studios look to Governor Moonbeam for tax breaks

|By:, SA News Editor

California Governor Jerry Brown has yet to weigh in on if he will sign a $1.6B incentive plan to keep movie and TV production in California.

The four-year initiative has passed legislative obstacles as state lawmakers look to compete with packages being offered Hollywood studios (LGF, SNE, VIA, CMCSA, DIS) by New York and Louisiana.

Brown is expected to try to clip the total down from $1.6B.