[Press release from the Greater Cleveland Film Commission.]
Last week, Matt Wright of Fox 8 Cleveland reported on the need for Ohio to build production infrastructure (sound stages/studios) in order to attract more productions, two possible locations for which being Severance Town Center and Geauga Lake.
Wright interviewed GCFC President Ivan Schwarz for the report. They discussed the over $1 billion in production spend lost due to the lack of industry infrastructure, as well as the limitations of our current incentive.
However, a proposed bill in the Ohio House of Representatives aims to raise the incentive from $20 million to $75 million annually, as well as eliminate the $5 million per production cap. Said President Schwarz:
"If we do this, and we raise the incentive and we can create a full-time infrastructure, then people are going to move here and they're going to stay here...We want to be globally significant."