California Approves $30.8M Tax Incentives for Michael 2 Film Sequel
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
What happened
California authorities approved $30.8 million in tax incentives for the production of Michael 2, a sequel to the Michael biopic. The sequel is being developed by Lionsgate and is one of 35 productions that received a combined $226 million in incentives from the California Film Commission. The original film received $21 million in California tax credits.
From film-news.co.uk
Why it matters
The state's incentive program is part of a wider effort to encourage studios to film locally and retain major Hollywood productions. The sequel is eligible for credits worth 35 percent of qualifying production expenditure, an increase from the 17.5 percent offered for the first film.
Jaafar Jackson, Antoine Fuqua, and Graham King are involved in a film project, which includes a biopic, under director's guidance since May 27, 2026.
From film-news.co.uk
Who's involved
- Jaafar JacksonSubject of the biopic and sequel
- Antoine FuquaDirector of the sequel
- Graham KingProducer collaborating on the project
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- HollywoodSpeculative
The state's incentive program could reinforce California's competitive position against other US states in attracting film production.
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The entities involved
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Jaafar Jackson
American singer and actor
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Antoine Fuqua
American film director
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Joe Jackson
college basketball player (1988–1988) Wright State
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