Current:Home > reviewsFilm and TV crews spent $334 million in Montana during last two years, legislators told -Elevate Capital Network
Film and TV crews spent $334 million in Montana during last two years, legislators told
View
Date:2025-04-18 23:02:28
Film and TV companies spent $334 million in Montana over the past two years, according to numbers released to state legislators.
Television, including the filming of the “Yellowstone” franchise, was the big contributor with $275.7 million spent between July 2022 and May 2024.
“Obviously very big numbers,” said Gina Lavery, of Econsult Solutions, Inc., an analyst hired by the state. “These are honestly double what we saw the previous cycle, which makes sense because of the number of large television series that had taken place here.”
Roughly $60 million went to payroll for Montana employees. Over two years 510 full-time Montana jobs were created directly by film and TV work, with another 810 jobs indirectly created.
Another $90.4 million was spent locally on production; the biggest chunk, $184 million, went to Hollywood talent.
Over two years ending in May, 37 Montana counties had some interaction with the 167 productions in the state. Independent features were a distant second to television programming, with $35.3 million in activity.
Lavery gave her report on Monday to the Legislative Interim Revenue Committee, which was mostly interested in whether Montana’s $24 million film tax credit program was attracting business.
“If there was no tax credit, you know, there’s still film production here. So it’s not a matter of $24 million worth of credits, compared to the 22-point something of benefits,” said Sen. Paul Fielder, a Republican from Thompson Falls. “I just wonder, without a tax credit, would we still be receiving economic benefits? I think we would just be some reduced amount.”
Tax credits have been in play since the 2019 Legislature and are available for productions through 2029. The incentives are a grab bag of perks: a 25% tax credit for hiring Montana crew members, 15% for non-resident crew and 30% for Montana university students working for the college credit. Actors, directors and writers are worth a tax benefit of 20%.
There have been rumors about filmmakers pulling out of Montana once the state’s film credits were exhausted. Lynn-Woods said the production of “1923,” the “Yellowstone” prequel featuring Helen Mirren and Harrison Ford, likely relocated from Butte to Texas as Montana tax incentives maxed out and Texas offered a better deal.
“Well, I can’t speak directly for them because I’m not part of the production, but I know that it would have been much easier for them to stay in Butte to finish that part,” Wood-Fields said. “And it very much is a result of our tax incentives, because we are completely out so there’s no guarantee for them.
In Montana, the tax credits aren’t paid out until the producers offer receipts for their expenditures, but what’s available for new projects is based on projections. The total net loss to state revenue to tax credits is estimated to be $6.2 million.
___
This story was originally published by Montana Free Press and distributed through a partnership with The Associated Press.
veryGood! (47653)
Related
- Clay Aiken's son Parker, 15, makes his TV debut, looks like his father's twin
- What does 'OP' mean? There's two definitions for the slang. Here's how to use it correctly.
- 2-year-old grandson of new Bucks head coach Adrian Griffin has died in Illinois
- Endangered monk seal pup found dead in Hawaii was likely caused by dog attack, officials say
- Olympic men's basketball bracket: Results of the 5x5 tournament
- Author Maia Kobabe: Struggling kids told me my book helped them talk to parents
- Family desperate for answers after 39-year-old woman vanishes
- DeSantis cuts a third of his presidential campaign staff as he mounts urgent reset
- Olympic women's basketball bracket: Schedule, results, Team USA's path to gold
- 15 binge-worthy podcasts to check out before 2023
Ranking
- Kansas City Chiefs CEO's Daughter Ava Hunt Hospitalized After Falling Down a Mountain
- Federal prison counselor agrees to plead guilty to accepting illegal benefits from wealthy inmate
- Arkansas Treasurer Mark Lowery leaving office in September after strokes
- Snoop Dogg brings his NFT into real life with new ice cream line available in select Walmart stores
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Former pastor charged in 1975 murder of Gretchen Harrington, 8, who was walking to church
- You should absolutely be watching 'South Side'
- Rooted in Motown, Detroit style skating rolls on into the next generation
Recommendation
A South Texas lawmaker’s 15
Tarnished Golden Globes attempt a comeback, after years of controversy
Biden administration sues Texas over floating border barriers used to repel migrants
Rare freshwater mussel may soon go extinct in these 10 states. Feds propose protection.
Michigan lawmaker who was arrested in June loses reelection bid in Republican primary
Ivy colleges favor rich kids for admission, while middle-class students face obstacles, study finds
We Spoil 'Glass Onion: A Knives Out Mystery'
In TV interview, Prince Harry says his book is a bid to 'own my story'