Agreement For Film Production In Georgia
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Georgia's film industry ranks number one globally in the production of the top grossing feature films, followed by the United Kingdom, Canada, California, Louisiana, and New York. Prior to the pandemic, Georgia was on pace to have a record setting year in film production.
Atlanta and its surrounding areas provide a wide range of backdrops, from urban settings to rural landscapes. This diversity allows filmmakers to shoot various genres without needing to travel far.
A licensing agreement allows one party (the licensee) to use and/or earn revenue from the property of the owner (the licensor). Licensing agreements generate revenues, called royalties, earned by a company for allowing its copyrighted or patented material to be used by another company.
The Georgia Entertainment Industry Investment Act grants an income tax credit of 20% to qualified productions which include feature films, television movies or series, documentaries, commercials, and music video projects.
There are several reasons for the movie industry moving to Georgia, including the state's tax incentives for filmmakers, the availability of experienced crew members, and the variety of locations that the state has to offer.
With its temperate climate, great variety of locations, the world's busiest airport (Hartsfield-Jackson Atlanta International Airport), large crew base and pro-business focus, Georgia is now a leading destination in the world for filming TV and movies.
For a tax credit, of course! The Georgia Film Credit grants a tax credit to production companies that incur expenditures in the state. This credit is the largest single credit for the State of Georgia, with more than $1.3B in credits awarded each year, and the largest in the country.
Generally, the producer acquires an exclusive right to lock in a script until the production of the movie begins. The conditions for termination of the above-mentioned rights will be specified in the agreement. All the remuneration and services provided to the writer is also agreed upon by the parties.
The mission of the Georgia Film Commission is to promote and facilitate the growth of Georgia's entertainment industry by offering competitive tax incentives, assisting filmmakers with location and permitting needs, and providing access to local resources.
Online Directories: Websites like ProductionHub, Mandy, and FilmFreeway provide listings of production companies. Social Media: Platforms like LinkedIn, Instagram, and Facebook have groups and pages dedicated to filmmakers. Film Schools: Reach out to nearby film schools or universities with film programs.