Pixar, Lionsgate and Paramount Nab $100 Million in California Tax Credits

The California Film Commission awarded $226.1 million in tax credits to 35 movies, including projects from Pixar, Lionsgate, and Paramount. These productions will spend roughly $635.3 million across 1,049 shoot days. Specifically, the Michael sequel from Lionsgate received $30.8 million in state incentives. This follows support given to the original Michael film. The total funding package aims to support significant spending within the state, benefiting several major studios and their upcoming cinematic productions.