[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."
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