{"id":530075,"date":"2022-12-21T23:30:15","date_gmt":"2022-12-21T20:30:15","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/lionsgate-expands-new-jersey-production-ties\/"},"modified":"2022-12-21T23:30:15","modified_gmt":"2022-12-21T20:30:15","slug":"lionsgate-expands-new-jersey-production-ties","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/lionsgate-expands-new-jersey-production-ties\/","title":{"rendered":"#Lionsgate Expands New Jersey Production Ties"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a283ed5b5c01\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a283ed5b5c01\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/lionsgate-expands-new-jersey-production-ties\/#Lionsgate_Expands_New_Jersey_Production_Ties\" >Lionsgate Expands New Jersey Production Ties<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"Lionsgate_Expands_New_Jersey_Production_Ties\"><\/span>Lionsgate Expands New Jersey Production Ties<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<p class=\"paragraph larva \/\/  a-font-body-m     \">\n    New Jersey has given Lionsgate a \u201cStudio Partner\u201d designation as the state expands its tax credit program to draw more high-profile film and TV projects to shoot locally.<\/p>\n<p class=\"paragraph larva \/\/  a-font-body-m     \">\n    The Hollywood studio, long with an eye to controlling production costs, will now see additional above-the-line wage and salary costs as qualifying expenses to be offset by New Jersey\u2019s film tax credit program. <\/p>\n<p class=\"paragraph larva \/\/  a-font-body-m     \">\n    Lionsgate has been\u00a0increasing its production footprint in the Tri-State area as its Lions Gate Films division becomes the anchor tenant in a $125 million Newark, New Jersey studio complex, Lionsgate Newark Studios, to be owned and operated by Robert Halmi\u2019s Great Point Studios. <\/p>\n<p class=\"paragraph larva \/\/  a-font-body-m     \">\n    In 2019, the company revealed that it will also anchor a $100 million\u00a0studio complex in Yonkers, 20 minutes from Manhattan, built by Great Point Capital Management, a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>-focused investment fund run by Halmi, president and CEO of Hallmark Entertainment, and Fehmi Zeko.<\/p>\n<p class=\"paragraph larva \/\/  a-font-body-m     \">\n    New Jersey\u2019s long-running film tax credit program, which offers a 30 percent to 35 percent offset on qualifying expenses for film and TV projects shot in the state, was extended this past January to 2034. Lionsgate will be eligible for new tax credit bonuses after agreeing to occupy 253,000 square feet of the Newark Studios complex, which has just begun construction and is expected to be completed with 350,000 square feet of available production space by Sept. 2024.<\/p>\n<p class=\"paragraph larva \/\/  a-font-body-m     \">\n    Lionsgate will be able to offset qualifying above-the-line wages and other payments made to high-cost creatives like directors, producers, writers and performers. Lionsgate Newark Studios will be the first purpose-built studio in New Jersey constructed for TV and film production, with five soundstages ranging from 20,000 to 30,000 square feet and additional space for production services on site.<\/p>\n<p class=\"paragraph larva \/\/  a-font-body-m     \">\n    Lionsgate\u2019s film and TV franchises include <em>Mad Men, Orange Is the New Black, The Hunger <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">Game<\/a>s, John Wick, Saw, Dirty Dancing, The Expendables, La La Land<\/em> and the <em>Twilight <\/em>saga.<\/p>\n<\/p><\/div>\n<p><script type=\"text\/plain\" class=\"optanon-category-C0004\">\n!function(f, b, e, v, n, t, s) {\nif (f.fbq) return;\nn = f.fbq = function() {n.callMethod ? n.callMethod.apply(n, arguments) : n.queue.push(arguments);};\nif (!f._fbq) f._fbq = n;\nn.push = n;\nn.loaded = !0;\nn.version = '2.0';\nn.queue = [];\nt = b.createElement(e);\nt.async = !0;\nt.src = v;\ns = b.getElementsByTagName(e)[0];\ns.parentNode.insertBefore(t, s);\n}(window, document, 'script', 'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\nfbq('init', '352999048212581');\nfbq('track', 'PageView');\n<\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more Like this articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/social-media\/\" target=\"_blank\" rel=\"noopener\">Social Media category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/www.hollywoodreporter.com\/business\/business-news\/lionsgate-new-jersey-production-ties-1235286171\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lionsgate Expands New Jersey Production Ties New Jersey has given Lionsgate a \u201cStudio Partner\u201d designation as the state expands its tax credit program to draw more high-profile film and TV projects to shoot locally. The Hollywood studio, long with an eye to controlling production costs, will now see additional above-the-line wage and salary costs as&#8230;<\/p>\n","protected":false},"author":1,"featured_media":530076,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.hollywoodreporter.com\/wp-content\/uploads\/2022\/12\/Lionsgate-Newark-1.jpg?w=1024","fifu_image_alt":"","footnotes":""},"categories":[17],"tags":[136896,87557],"class_list":["post-530075","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-social-mediaa","tag-film-and-tv-tax-credits","tag-lionsgate"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/530075","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=530075"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/530075\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/530076"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=530075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=530075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=530075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}