Latest Movie production News

CBS, Viacom to reunite as media giants bulk up for streaming

Aug. 13, 2019 5:32 PM EDT

NEW YORK (AP) — The newly combined ViacomCBS will invest in more movies and TV shows and try to sell more advertising as it seeks to become a bigger player in the growing business of streaming video. Yet the bigger company still might not be big enough to be competitive, as larger rival Disney launches its...

Illinois extends tax credits to producers working in state

Aug. 1, 2019 7:01 PM EDT

CHICAGO (AP) — Illinois Gov. J.B. Pritzker has signed legislation extending tax credits for film production through 2026, a move he says will attract more industry jobs to the state. The incentives, which give companies 30% tax credits on production costs and on salaries up to $100,000, were set to expire...