Georgia Agreement to Produce Television Series

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US-02636BG
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Description

The Television Producer is charged with managing the expenses, organization, and all decisions involved in producing the television series itself. It is the Producer that conceives of an idea for a series, hires a Director, makes casting decisions, and decides on the series crew and locations. The Producer is the primary authority overseeing the all aspects of the production of a series, and its progress.


This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

A Georgia Agreement to Produce Television Series is a legal contract between a television production company and the state of Georgia. This agreement outlines the terms and conditions under which the production company can avail the benefits and incentives offered by the state to produce television series within its boundaries. The Georgia Agreement to Produce Television Series provides a framework that encourages production companies to film their series in Georgia by granting them various tax credits and incentives. By signing this agreement, the production company demonstrates its commitment to creating local job opportunities, generating economic growth, and promoting the state's film and television industry. One type of Georgia Agreement to Produce Television Series is the Georgia Entertainment Industry Investment Act (GE IIA). This act provides an investment tax credit for qualified productions in Georgia, including television series. Under GE IIA, television series that meet the specified requirements are eligible for a tax credit of up to 30% of their qualified Georgia production expenditures. Another type of Georgia Agreement to Produce Television Series is the Georgia Film Tax Credit Program (GF TCP). This program offers a transferable tax credit of up to 30% of qualified production expenditures for both film and television series. The tax credits earned through GF TCP can be used to offset the production company's state tax liability or be sold or transferred to other Georgia taxpayers. To qualify for these agreements, the production company must meet certain criteria set by the state of Georgia, such as spending a minimum amount of qualified production expenses within the state, hiring a certain percentage of Georgia residents, and including the Georgia Entertainment logo in the credits of the television series. In addition to the tax incentives, the Georgia Agreement to Produce Television Series may also outline other benefits that the production company can potentially receive, including access to state-owned locations, assistance with obtaining permits, waivers for state fees, and support from local film offices. Overall, the Georgia Agreement to Produce Television Series serves as a mutually beneficial agreement between the production company and the state of Georgia by promoting economic growth, fostering job creation, and supporting the development of the local film and television industry.

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FAQ

Georgia's diverse geography, moderate climate, transportation infrastructure, modern amenities, and skilled film crews have long made it an attractive destination for film companies, but it was a major tax credit passed by the state legislature in 2008 that truly solidified Georgia's film industry.

Georgia has attracted film and television production due to its diverse topography, mild climate, vast and experienced network of production crew and suppliers, state-of-the-art facilities, cultural diversity and global access via Hartsfield-Jackson Atlanta International Airport.

The temperate climate, allowing for year-round shooting, as well as the varied aesthetics of the towns, cities and mountains of the region have been cited as the main reasons producers are choosing Georgia over anywhere else.

The temperate climate, allowing for year-round shooting, as well as the varied aesthetics of the towns, cities and mountains of the region have been cited as the main reasons producers are choosing Georgia over anywhere else.

Georgia has attracted film and television production due to its diverse topography, mild climate, vast and experienced network of production crew and suppliers, state-of-the-art facilities, cultural diversity and global access via Hartsfield-Jackson Atlanta International Airport.

The film and television industry pumped a record-setting $4 billion in direct spending into Georgia's economy over the past year, despite the pandemic and in spite of calls earlier this year for a business boycott of the state because of its restrictive new voter law.

Georgia has a production-friendly tax incentive program and as a result, many projects get filmed in the Peach State. From 2020 to 2021, productions such as Marvel Studios' Black Panther, Sony's Spider-Man: No Way Home, and Netflix's Ozark filmed in the state.

Georgia has a production-friendly tax incentive program and as a result, many projects get filmed in the Peach State. From 2020 to 2021, productions such as Marvel Studios' Black Panther, Sony's Spider-Man: No Way Home, and Netflix's Ozark filmed in the state.

The industry in Georgia was boosted substantially by tax incentives introduced in 2002 and strengthened in 2008. Just in the fiscal year 2017 film and TV production had an economic impact in Georgia of $9.5 billion, while industry sources claim that the tax subsidy costs the state $141 million (2010).

One of the biggest reasons that Atlanta is so appealing to reality producers is that it's also appealing to reality audiences. It's been proven that shows or spin-offs filmed in Atlanta tend to do better than shows filmed in other cities, says Sadighi.

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Georgia Agreement to Produce Television Series