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California Boosts Film Tax Credits to $750 Million

1/7/2026

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Story summary
  • California expands film and television tax credits to $750 million for 2026, up from $330 million, benefiting 17 TV shows and 28 films.
  • Governor Gavin Newsom announced the increase after a difficult 2025 when California lost 40,000 production jobs.
  • Discussions for a federal film tax incentive have gained traction, partly due to U.S. President Donald Trump’s proposals, to keep production in the United States and boost global competitiveness.