The World is My Domain - Welcome to MaryBeth Mills Muldowney's World: November 2011

Massachusetts Film Industry Tax Credits

Well here in Massachusetts we have been the setting of many great movies in the last decade!

Last year we did have a decline in production here in Massachusetts.  The Tax Credits have caused alot

of debate here in Massachusetts as well as elsewhere.  Residents wonder if the cost is worth the reward.

Of course we all have our own opinions and a number of both the returns and debits cannot be accounted

for on a spreadsheet.

We know that when a movie is being made it causes alot of attentive  star watchers to gather and this in turn results in the need for more police details, possible roads to be rerouted and emergency assistance but does this cost exceed or is it but the cost of doing business in a metropolitan area? 

How many of us have traveled to a city to seek out a location from one of our many movie favorites?

Did you ever visit the local pub in South Boston from GoodWill Hunting, long lines abounded in the hayday of this movie release but even many years later tourists and locals seek it out!  So many great scenes have been backdropped by our beautiful state.

Tourism is generated from these movie filmings.  Small business that supplies the auxilary needs of these movies also show increased profits, the sub shop, caterer, prop providers which could be the antique and collectible store down the street, florist, limo, local hardware store along with any traditional film industry business relationships are all profiting from a local movie shoot.

Fort Devens in Ayer Massachusetts has attracted a large studio project.  Sound Stages are sprouting up on Dorchester Avenue in Boston, the Seaport in South Boston/Boston is flagging a studio project, the old airbase in Weymouth has been courting a studio as a major anchor as well as the previous plans for Plymouth.

Are we Hollywood East?   Do we even have an opportunity to become Hollywood East?  Conneticut, Rhode Island and the Carolinas are already stepping out ahead of us with the needed tax credits for this industry?

Hollywood East in Massachusetts would encourage so many to visit, to stay and to spend here.

Here is the just released Massachusetts Film Industry Tax Credit Study for your review and so that you may form your own opinion on the topic:

http://www.mass.gov/Ador/docs/dor/News/2011FilmIncentiveReport.pdf

Follow me on twitter - my name HollywoodEast.

If you are coming to Massachusetts to film and need someone to scout for your filming locations I can help.

See there is another small business person that could increase their revenues with the film industry, how about you?

Realtor by day, film and entertainment industry supporter day and night!

Regards to you, see you at the theatre - Hollywood East

Come to Massachusetts and I will fill you in on the local spots to visit those magic movie scenes!

 

MaryBeth Mills Muldowney, Massachusetts Real Estate Broker and Licensed Auctioneer

"The pessimist complains about the wind. The optimist expects it to change.

The Leader adjusts the sails." -John Maxwell

Founder and President, TradeWinds Realty Group LLC

www.TradeWindsRealtyGroup.com

MaryBeth@TradeWindsRealtyGroup.com

follow me on Twitter @HollywoodEast

follow me on LInkedIn MaryBeth Mills Muldowney

follow me on facebook   HollywoodEast

youtube  TradeWinds Realty Group

781-681-9959 Norwell office   508-746-5559 Plymouth office   781-910-7294 cellular

Comment balloon 3 commentsMaryBeth Mills Muldowney • November 11 2011 01:54PM
Massachusetts Film Industry Tax Credits
share
Well here in Massachusetts we have been the setting of many great movies in the last decade! Last year we did have a decline in production here in Massachusetts. The Tax Credits have caused alot of debate here in Massachusetts as well… more