Saturday, April 2, 2011

from Crain's Detroit Business

pril 01, 2011 10:24 AM
Michigan loses $58 million film amid incentive uncertainty

LANSING (AP) — The Michigan Film Office says the state's largest film incentive application of the year is no longer under consideration amid uncertainty about the future of the state’s tax breaks.

Office Director Carrie Jones told The Detroit News on Thursday that producers of the "Untitled Doug Liman Project" decided to move the production elsewhere. They proposed spending $58.2 million and hiring more than 2,200. The newspaper got details with a Freedom of Information Act request.

Paramount Pictures Corp. spokeswoman Virginia Lam said the tax break was denied.

Gov. Rick Snyder has proposed eliminating the film tax-incentive program and ordering a $25 million cap on credits starting this year.

The Liman film sought about $22.9 million in incentives. His directing credits include "The Bourne Identity" and "Mr. and Mrs. Smith."

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