The film industry in Georgia has not only broken records in the U.S., but it is currently one of the top locations in the world for production.
Toronto, Paris, London, and Los Angeles make up some of the top other locations for film, but Georgia’s tax incentive for film production encourages even more opportunities for the state.
Tax credits of up to 30 percent create significant cost savings for companies producing feature films, television series, music videos and commercials, in addition to interactive games and animation.
About 92,000 people in Georgia work in jobs with ties to the entertainment industry, as reported by the Georgia Department of Economic Development this year.
Pinewood Studios, Tyler Perry Studios, and Blackhall Studios are the industry heavyweights that are leading the film and television economy in Georgia.
Ryan Millsap, CEO of Blackhall Studios, is planning to triple the size of his existing sound stages – from 210,000 square feet to 600,000 square feet, which would make it the largest purpose-built movie studio in Georgia.
Millsap, who opened Blackhall Studios in the spring of 2017, has invested $75 million in the current facility, and he intends to spend another $150 million on its expansion. But that’s only a small part of the equation.
“The driver is not my investment,” Millsap said. “Right now there is about $500 million to $700 million of content flowing through here each year. When we expand, that will go up to more than $1 billion a year. It is new, fresh money for Georgia.”