Business 9 sources · today 11 articles

Newsom Proposes Expanding California Film Tax Credit to $1 Billion Annually

With production jobs leaving California, Governor Gavin Newsom wants a larger film and television tax credit, making the proposal just before voters elect his successor.

Read the full story → · Latest coverage 3 Nov 2026, 5:34 am UTC

Key moments · 4

Production job losses frame California's film incentive debate

IndieWire Movies ↗

Newsom proposes annual film credit of at least $1 billion

The Wrap TV ↗

Plan includes extending the tax credit program through 2040

Quartz ↗

Governor's call adds pressure on Sacramento over industry support

The Hollywood Reporter ↗

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9 articles

  1. Hollywood Unions Wonder Whether Next California Governor Will Share Newsom’s Commitment To Expanding Film Tax Credits
    Deadline Hollywood
  2. Gavin Newsom pitches $1 billion Hollywood tax break — including credits for movie stars’ salaries
    New York Post
  3. California is proposing to expand its film and TV tax credit to at least $1 billion
    Quartz
  4. Gavin Newsom Proposes Expanding California’s Film and TV Tax Credit Program to at Least $1 Billion
    The Wrap TV
  5. $1 Billion or Bust? Gavin Newsom Proposes Major California Film and TV Tax Credit Expansion
    The Hollywood Reporter