New York City Film Production Sees Spending and Permit Surge
What happened
The Mayor's Office of Media and Entertainment is holding film and media support sessions in Queens and Staten Island. The office reported that permits processed for film and TV production in New York City are up 21% compared to last year. Additionally, New York state has seen an 87% increase in production spending.
From newsroomamerica.com
Why it matters
The production boom has led New York state to surpass California for the total number of films produced with budgets of $1 million or more. The Mayor's Office of Media and Entertainment states that these productions employ hundreds of thousands of New Yorkers and utilize small businesses.
The NYC Mayor's Office launched a listening tour in Brooklyn to support local film productions and 'Made in NY' content.
From newsroomamerica.com
Who's involved
- Mayor's Office of Media and EntertainmentThe government agency processing permits and supporting 'Made in NY' productions
- New York CityThe location experiencing a surge in film and TV production
- Staten IslandA borough in New York City hosting a final support session
- New YorkThe state where production spending has increased by 87%
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.
- City of New YorkSpeculative
The City of New York might see increased city-wide economic growth and higher tax revenue due to the production surge
- New YorkSpeculative
New York state could see higher state tax revenue driven by increased production spending
Keep exploring
The entities involved
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Mayor's Office of Media and Entertainment
Nothing else this week.
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New York City
most populous city in the United States