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Welcome to Film Florida’s Legislative Launch!

Film Florida

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Opening presentation from Film Florida's Legislative Launch held at The Vinoy in St. Petersburg on September 2, 2009.

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Page 1: Film Florida

Welcome to Film Florida’s Legislative Launch!

Page 2: Film Florida

The Florida film, TV & digital media industry received $10.8 million dollars for

FY 2009/2010.

Film Florida would like to thank you, our Legislators and our State Leadership, for

your continued support.

Page 3: Film Florida

Unfortunately Florida’s current film, TV and digital media tax incentive program does not provide consistency or a level playing field with our competitor states…Why?

Florida’s $10.8 million was “gone” to 12 certified projects in less than 3 hours – while our competitor states have continued to commit substantially more to bolster their economies and provide jobs.

“The significant problems we face cannot be solved at the same level of thinking we were at when we created them”. - Albert Einstein, scientist (1879-1955)

Page 4: Film Florida

Currently 30+ states offer tax incentives to the film, TV and digital media industry.

Page 5: Film Florida

Georgia$524 million in Economic Impact 637 projects

* The Preacher's Kid * The Joneses * Road Trip II * Our Child is Missing * Van Wilder III * Fireproof * The Family That Preys * Pastor Brown* Madea Goes to Jail * Living is Winning

In 2008, our direct competitor states like Georgia and Louisiana attracted:

Louisiana$763 million in Economic ImpactOver 60 Feature Films & 12 High-Impact

TV Shows* The Open Road* Beyond a Reasonable Doubt* My Own Love Song* The Bad Lieutenant* Microwave Park* The Librarian: The Curse of the Judas

Chalice* Cirque du Freak* 12 Rounds* Welcome to the Rileys

Page 6: Film Florida

Fortunately productions WANT to shoot here because of our:

Skilled, professional workforce Producers, Directors, Assistant Directors, industry workforce; Production Managers, Camera Technicians, Lighting Technicians, Special Effects Technicians, Makeup Artists, etc.

Extensive infrastructure Film Processing Labs, Post-Production Houses, Equipment Rental Houses (camera, lighting, cranes, etc.) , Sound Stages, etc.

Diverse and extraordinary locations

What we need is an incentive that comes close to our competition…

Until we can compete, we are in danger of losing two out of these three precious resources…

Page 7: Film Florida

What We Got . . .

12 Projects Certified

$69 Million In Florida Expenditures

$44 Million In Florida Wages

Over 9,000 Jobs Created

This year, when the incentive funds became available, 36 applications were received by the State Film Office in just the first 15 minutes…

What We Turned Away . . .

24 Projects Could Not Be Certified Due To Lack Of Funds

$124 Million Lost In Florida Expenditures

$64 Million In Lost Florida Wages

Over 8,500 Jobs Lost

VS.

The incentive funds were allocated and certified in just about 3 The incentive funds were allocated and certified in just about 3 hours.hours.

Due to insufficient funding, two-thirds of applicants had to be turned away – a loss of nearly 70% of productions wanting to shoot in Florida.

Page 8: Film Florida

The money in Florida’s film, TV and digital media incentive program was only enough to bring work for a fraction of our skilled workforce for a six (6) month period.

FACT: We are losing workforce.FACT: We are losing workforce.

In 2007 there were close to 102,000 Floridians employed by the film & entertainment industry. Many of these professionals are currently underemployed, unemployed or are working out-of-state; others have even moved themselves and their families out of Florida.

Page 9: Film Florida

FACT: We are losing infrastructure.FACT: We are losing infrastructure.

Film labs, post houses, equipment houses, etc. have made a substantial investment in equipment and personnel in Florida. Some of these businesses have been in Florida for over 50 years - when lost these businesses are very difficult to replace.

Page 10: Film Florida

FACT: We are losing tax revenue.FACT: We are losing tax revenue.

Loss of infrastructure will result in loss of tax revenue; and loss of opportunity will result in loss of tax revenue ;

There were 24 additional projects that wanted to shoot in Florida THIS YEAR - they were unable to secure funding and now that money will go elsewhere.

Page 11: Film Florida

FACT: And we are losing to our FACT: And we are losing to our competition.competition.

We were once 3rd in the US for film, TV and digital media production, now we are not even “on the map”.

Page 12: Film Florida

By supporting a competitive film, TV and digital media tax incentive, you are supporting existing partner industries and business, as well as fostering permanent jobs throughout the State of Florida.

Tourism and Hospitality

On-location productions extend economic benefits to hotels, restaurants, lodging, etc.;

On-location crews spend monies in a variety of ways throughout local communities, supporting local businesses (just like tourists);

The Florida tourism and hospitality industries also benefit from major marketing and advertising campaigns launched by studios and TV networks to promote Florida-based productions; and

Increased world-wide exposure triggers film-based tourism, driving more revenue into tax coffers.

Page 13: Film Florida

Real Estate and Construction

High-impact feature films and TV projects stimulate the real estate industry by showcasing Florida’s desirable lifestyle globally;

On-location productions rely heavily on a complex combination of workers and businesses to make movies and TV shows, from construction through other skilled labor resources.

Hi-Tech Industries

Florida’s High-tech industries work closely with our digital media and interactive entertainment companies capitalizing on their capabilities to produce military training simulations, medical visualizations, 3D virtual training environments and cost effective game-based training platforms to name a few.

Page 14: Film Florida

Legislators will be putting Floridians back to work;

Legislators will be putting more money into the hands of small businesses; and

Legislators will become part of a long-term solution that will increase revenue for the State of Florida.

By finding a way to adequately fund and structure the film, TV and digital media tax incentive…

In addition, our Industry’s performance-based incentive can be used as a successful model for stronger economic development incentives for other high-impact industries that will create high-wage, skilled jobs for Floridians now and in the future.

Page 15: Film Florida

We need more funding;

We need consistency through a multiple year commitment;

We need rollover of unused funds from year-to-year; and

We need to identify a more permanent source of funding.

In order to make the Florida film, TV and digital media tax incentive program as successful as it can be…

We need your help…time is of the essence!We need your help…

time is of the essence!

Page 16: Film Florida

Thank You!