Current:Home > ScamsFilm and TV crews spent $334 million in Montana during last two years, legislators told -QuantumProfit Labs
Film and TV crews spent $334 million in Montana during last two years, legislators told
View
Date:2025-04-14 18:10:10
Film and TV companies spent $334 million in Montana over the past two years, according to numbers released to state legislators.
Television, including the filming of the “Yellowstone” franchise, was the big contributor with $275.7 million spent between July 2022 and May 2024.
“Obviously very big numbers,” said Gina Lavery, of Econsult Solutions, Inc., an analyst hired by the state. “These are honestly double what we saw the previous cycle, which makes sense because of the number of large television series that had taken place here.”
Roughly $60 million went to payroll for Montana employees. Over two years 510 full-time Montana jobs were created directly by film and TV work, with another 810 jobs indirectly created.
Another $90.4 million was spent locally on production; the biggest chunk, $184 million, went to Hollywood talent.
Over two years ending in May, 37 Montana counties had some interaction with the 167 productions in the state. Independent features were a distant second to television programming, with $35.3 million in activity.
Lavery gave her report on Monday to the Legislative Interim Revenue Committee, which was mostly interested in whether Montana’s $24 million film tax credit program was attracting business.
“If there was no tax credit, you know, there’s still film production here. So it’s not a matter of $24 million worth of credits, compared to the 22-point something of benefits,” said Sen. Paul Fielder, a Republican from Thompson Falls. “I just wonder, without a tax credit, would we still be receiving economic benefits? I think we would just be some reduced amount.”
Tax credits have been in play since the 2019 Legislature and are available for productions through 2029. The incentives are a grab bag of perks: a 25% tax credit for hiring Montana crew members, 15% for non-resident crew and 30% for Montana university students working for the college credit. Actors, directors and writers are worth a tax benefit of 20%.
There have been rumors about filmmakers pulling out of Montana once the state’s film credits were exhausted. Lynn-Woods said the production of “1923,” the “Yellowstone” prequel featuring Helen Mirren and Harrison Ford, likely relocated from Butte to Texas as Montana tax incentives maxed out and Texas offered a better deal.
“Well, I can’t speak directly for them because I’m not part of the production, but I know that it would have been much easier for them to stay in Butte to finish that part,” Wood-Fields said. “And it very much is a result of our tax incentives, because we are completely out so there’s no guarantee for them.
In Montana, the tax credits aren’t paid out until the producers offer receipts for their expenditures, but what’s available for new projects is based on projections. The total net loss to state revenue to tax credits is estimated to be $6.2 million.
___
This story was originally published by Montana Free Press and distributed through a partnership with The Associated Press.
veryGood! (87625)
Related
- Where will Elmo go? HBO moves away from 'Sesame Street'
- Man didn’t know woman he fatally shot in restaurant drive-thru before killing himself, police say
- Taylor Swift drops 'Tortured Poets' song with new title seemingly aimed at Kanye West
- General Hospital Actor Johnny Wactor's Death: Authorities Arrest 4 People in Connection to Fatal Shooting
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Delta says it’s reviewing how man boarded wrong flight. A family says he was following them
- Trans teens file lawsuit challenging New Hampshire law banning them from girls’ sports
- Saturday Night Live Alum Victoria Jackson Shares She Has Inoperable Tumor Amid Cancer Battle
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Escaped inmate convicted of murder captured in North Carolina hotel after dayslong manhunt
Ranking
- $73.5M beach replenishment project starts in January at Jersey Shore
- Iowa proposes summer grocery boxes as alternative to direct cash payments for low-income families
- 19 Kids and Counting's Jana Duggar Marries Stephen Wissmann in Arkansas Wedding
- Tribe and environmental groups urge Wisconsin officials to rule against relocating pipeline
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Massachusetts governor says deals have been reached to keep some threatened hospitals open
- Shannen Doherty's Mom Rosa Speaks Out After Actress' Death
- These tiny worms live in eyes, feed on tears and could transmit to humans
Recommendation
The Grammy nominee you need to hear: Esperanza Spalding
Wyoming reporter resigned after admitting to using AI to write articles, generate quotes
Peter Marshall, 'Hollywood Squares' host, dies at 98 of kidney failure
Will the Cowboy State See the Light on Solar Electricity?
Meet first time Grammy nominee Charley Crockett
Nick Jonas Details How Wife Priyanka Chopra Helps Him Prepare for Roles
The 10 best non-conference college football games this season
Rookie Weston Wilson hits for cycle as Phillies smash Nationals