Motion Picture Association Applauds Governor Hochul’s Proposed Enhancement of New York’s Production Incentive Program
NEW YORK – New York Governor Kathy Hochul today unveiled her budget proposal for the 2026 fiscal year, which included an enhancement of the New York State Film Production Tax Credit program. The following is a statement from Motion Picture Association Chairman and CEO Charles Rivkin:
“Governor Hochul is a champion for New York State’s creative community. She recognizes that when a movie or series films in cities and towns – from Yonkers to Buffalo – the production creates high-quality, high-paying jobs for local workers and supports local businesses. In fact, major motion pictures add $1.3 million to communities – and TV series pump $475,000 into local economies – every day they are in production. The governor’s proposal today to enhance the production incentive program will further our industry’s track record of creating union jobs, establishing talent pipelines, and supporting small businesses.”
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About the Motion Picture Association
The Motion Picture Association (MPA) serves as the leading voice and advocate of the motion picture, home video, and television industries. It works in every corner of the globe to advance the creative industry, protect its members’ content across all screens, defend the creative and artistic freedoms of storytellers, and support innovative distribution models that bring an expansion of viewing choices to audiences around the world. Its member studios are: Netflix, Paramount Pictures, Prime Video & Amazon MGM Studios, Sony Pictures, Universal Studios, The Walt Disney Studios, and Warner Bros. Discovery. Charles Rivkin is Chairman and CEO.
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