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California Awards Film Tax Credits to 52 Projects, Including Record Sums for 'Jumanji' and 'Heat 2'

The expanded incentives aim to lure production back to California following steep declines in shoots and jobs.

Overview

  • Governor Gavin Newsom and the California Film Commission named 52 films for tax credits spanning major franchises and independents, including new projects from the Daniels, Michael Mann, and a third Jumanji.
  • Record allocations include $43.9 million for the next Jumanji, $37.2 million for Michael Mann’s Heat 2, and $38.4 million for the Daniels’ upcoming Universal film.
  • The commission projects roughly $1.4 billion in economic impact if all projects proceed, with about 8,900 cast and crew and 46,400 background performer workdays across 1,664 filming days.
  • The expanded program raises the single-project cap to $48 million and commits $337 million annually for features and $412 million for TV for five years.
  • Recent data show Los Angeles production remains below 2024 levels and some filmmakers flag limits such as coverage focused on below-the-line costs and no special post-production provisions, while the next Jumanji is slated to start filming in November for a December 2026 release.