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Busy New Mexico Draws Productions With Strong Incentives Plus Tech and Crew Development to 'Future-Proof' Local Business

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. -development-to-future-proof-local-business.html
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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Busy New Mexico draws productions with strong incentives plus tech and crew development to future-proof business.
The article from Variety, published on January 1, 2025, discusses the expansion of New Mexico's film production incentives, which have been increased to attract more filmmakers to the state. The new incentives include a 30% refundable tax credit for productions that meet certain criteria, such as employing a significant number of local crew members and shooting a specified percentage of the project within New Mexico. Additionally, the state has introduced a new fund to support infrastructure development for film and television production, aiming to make New Mexico a more competitive location for major studios and independent filmmakers alike. The article highlights recent projects that have benefited from these incentives, including major films and TV series, and quotes industry professionals praising the state's commitment to fostering a thriving film industry.

Read the Full Variety Article at:
[ https://variety.com/2025/film/filming-locations/new-mexico-production-incentives-3-1236378877/ ]