The Film Industry & Money

http://www.upi.com/Business_News/2015/03/31/Film-TV-tax-breaks-a-huge-waste-of-money-some-believe/5191427823404/

In class we often discuss the money behind big Hollywood films. Professor Sikand made a comment a week or so ago that a majority of films are no longer produced in Hollywood but in other countries outside of the United States. This article discusses that idea the continuous migration of the film industry across seas.

My father is a visual effects supervisor and used to work for a company called Rhythm and Hues. He accepted an Oscar on the same night his company went bankrupt. This was a result of the company outsourcing to India and leaving no jobs for people in the  visual effects industry that lived in America. They outsourced to India because of tax breaks and subsidies. This is also discussed in the article I posted. 

Leave a Reply

Your email address will not be published. Required fields are marked *