Daily Market Updates: Congress considers tax credits to subsidize US film and TV production

Global Markets

Home›Global Markets›Trade & Tariffs›Congress considers tax credits to subsidize US film an…

Congress considers tax credits to subsidize US film and TV production

Reported · Written up by our desk · Trade & Tariffs

The New York Times Business reports that Hollywood is looking to federal funding as film and TV production shifts abroad, following an exodus of projects from the United States.

According to the outlet, a bill now being introduced in Congress would use tax credits designed to subsidize filming in the US, aiming to bring more production back domestically.

← Newer storyMeta subscriptions and Muse lift shares, with Instagram IAP surge Older story →Meta smart glasses class action adds privacy and defect claims

More like this

Global MarketsSebi weighs UPI merchant fee concerns raised by stockbrokers

Global MarketsWhite House blocks reporters despite judge ordering access restored

Global MarketsWhite House keeps some reporters barred despite court order

Global MarketsXi urges US and China to keep AI under human control

Global MarketsXi and Trump begin talks at the White House amid AI pledges

Sources

NYT BusinessA Weary Hollywood Celebrates the Prospect of Federal Funding

Global Markets

Congress considers tax credits to subsidize US film and TV production

More like this

Sources

Get the close, explained.