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Governor Newsom announces $750 million tax credit for California film industry

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Gavin Newsom, Governor of California | Official website

Governor Gavin Newsom is set to announce a $750 million tax credit for the film and television industry in California. This initiative aims to support one of the state's key sectors, contributing significantly to Los Angeles' local economy and sustaining numerous jobs within the industry.

The announcement will take place on Wednesday, July 2, at approximately 10:45 a.m. The event will be accessible via livestream on Governor Newsom's Twitter, Facebook, and YouTube pages. Additionally, TV stations can access it through the LiveU Matrix under "California Governor."

This press event is open only to credentialed media. Interested media personnel must RSVP by 9 a.m. on July 2 to receive location details upon confirmation.

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California Governor Gavin Newsom