Officials announced the city and area businesses are being paid $330,000 by the movie production crew -- which includes a $30,000 negotiated donation that will help make downtown Lawrence cleaner.
It is amazing how far of a reach the filming industry has going into the local economy
Hundreds of local people were employed and millions of dollars were spent here for the production of "The Sea of Trees."
Brother O'Donnell appeared on NECN's CEO Corner with MFO Director Lisa Strout to talk about the MA Production Incentives.
Tourists and day-trippers showed up to catch a glimpse of the stars - and spent money at local restaurants, shops, and other businesses. To extend the economic benefits, the Massachusetts Film Office has proposed creating a tourism package for the village centered around the movie, in collaboration with Warner Bros., the movie's production company.
The MPAA commissioned analysis from HR&A Advisors says that the state's $37.9M in tax credits in 2011 added $375.3M to the Massachusetts economy including 2,220 full time equivalent jobs. <a href="http://www-deadline-com.vimg.net/wp-content/uploads/2013/05/mpaa__130515192644.jpg"></a>
LD 1409, the production incentive bill that freshman State Representative Scott Hamann has been working on since he was elected last fall, is having its first public hearing Joint Committee on Taxation 10am Room 127 Cross Building – State House, Augusta
The Creative Economy is a Real Economy Many economic impact studies, including a groundbreaking study by the New England Foundation for the Arts, demonstrate that a strong creative sector translates directly to a strong economy.