Drooid Logo
Back to today’s briefing

Story perspectives

Newfoundland's Film Boom: $1B in Productions and New Studio

9/8/2025

42 3 Full Breakdown

1 of 1

Story summary
  • Newfoundland and Labrador's film industry has exceeded $1 billion in production expenditures since 1997, largely due to PictureNL's initiatives.
  • A 40% refundable tax credit for production costs attracts American filmmakers.
  • Recent projects include Netflix's sea creature thriller and Apple TV+'s "Severance," highlighting local landscapes.
  • Producers stress the significance of stunning locations and government support for a sustainable industry.
  • A new 75,000-square-foot studio in Bauline aims to enhance local production capabilities.