35 Indie Movies And Disney's New Animated Film 'hexed' Receive A California Film Tax Credit

Nearly 3 twelve indie movies, on pinch large animated projects from Walt Disney Co. and Universal Pictures’ DreamWorks Animation, will person a California taxation in installments for filming successful nan Golden State.

A full of 41 films were approved during this latest information of accumulation incentives, which marks nan last awards for nan year, nan California Film Commission said Tuesday. Among them were 35 indie films, astir of which had budgets little than $10 million.

Ben Affleck’s accumulation institution Artists Equity was awarded a $7 cardinal taxation in installments for its indie movie “Gingerbread Men,” which has a fund higher than $10 million. The institution had antecedently received authorities subsidies for nan 2012 governmental thriller “Argo” and 2025’s “The Accountant 2.”

Several awesome studios were besides approved for nan incentive. DreamWorks Animation will person a $19.2 cardinal taxation in installments for its “Shrek” spin-off, “Donkey,” which is group for merchandise successful 2028, and was awarded a financial offset of $7.8 cardinal for a yet-untitled feature.

The credits will let DreamWorks Animation to support accumulation connected 2 of its “most valuable franchises” successful California, Randy Lake, main operating officer, said successful a statement.

Disney was awarded an $18.5 cardinal taxation in installments for its upcoming original animated movie “Hexed,” which will debut successful November, arsenic good arsenic a $26.2 cardinal inducement for an untitled Pixar film. Disney’s 20th Century Studios besides received a subsidy of $8.2 cardinal for an untitled live-action comedy.

An untitled Warner Bros. Pictures live-action movie received nan largest inducement of $42 million.

In total, nan 41 films are expected to consequence successful $1.1 cardinal successful nonstop accumulation spending successful nan state, make much than 6,100 formed and unit jobs and employment much than 13,000 inheritance actors, nan California Film Commission said. Together, nan projects will movie 993 sprout days successful California.

“California has agelong group nan modular for intermezo production, creating good-paying jobs and showcasing nan productivity and invention that specify nan Golden State,” Gov. Gavin Newsom said successful a statement. “The first twelvemonth of nan expanded taxation in installments programme is already delivering results — generating billions successful economical activity, creating opportunities for businesses and nan workforce and bringing much productions location to California.”