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BRITISH STUDIO FAILING TO ATTRACT BIG HOLLYWOOD PRODUCTIONS
Tuesday, March 22 2005
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Suggesting that the weak dollar may have done more to slow runaway production abroad than a host of other industry maneuvers, Britain's Pinewood Shepperton Studios warned investors on Monday that revenue from renting its sound stages would be down substantially from last year during the first half. The company blamed the weak U.S. dollar and confusion over tax breaks. Last year, such big-budget Hollywood films as Batman Begins, Charlie and the Chocolate Factory, and King Arthur filmed at Pinewood Shepperton. The company said on Monday that the weak dollar and tax concerns had "understandably caused delays in the timing of some key productions."
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'TWINS' ARNIE AND DANNY BATTLE RUNAWAY PRODUCTION
Thursday, October 14 2004
California
Governor
Arnold
Schwarzenegger
greeted
his
Twins
costar
Danny
DeVito
on
a
location
set
of
DeVito's
new
film,
Relative
Strangers,
Wednesday
to
congratulate
him
on
his
efforts
to
produce
the
film
in
California,
rather
than
succumb
to
the
tax
lures
and
lower
labor
costs
offered
by
other
states.
DeVito
acknowledged
that
he
had
to
persuade
the
film's
cast
and
crew
to
take
pay
cuts
in
order
to
offset
the
lower
production
costs
that
other
states
(more)
ARNIE REMEMBERS HIS ROOTS
Friday, April 16 2004
California
Governor
Arnold
Schwarzenegger
vowed
Thursday
to
halt
runaway
movie
and
TV
production
from
the
state
and
to
double
the
number
of
jobs
in
the
entertainment
industry.
Speaking
at
a
Sacramento
news
conference
where
he
announced
the
appointment
of
five
new
members
to
the
California
Film
Commission,
Schwarzenegger
said,
"For
me,
the
entertainment
business
is
very
dear
and
close
to
my
heart,
and
as
you
all
know,
I
would
not
be
standing
here
if
it
(more)
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