Current:Home > NewsFilm and TV crews spent $334 million in Montana during last two years, legislators told -TrueNorth Capital Hub
Film and TV crews spent $334 million in Montana during last two years, legislators told
Oliver James Montgomery View
Date:2025-04-09 20:30:26
Film and TV companies spent $334 million in Montana over the past two years, according to numbers released to state legislators.
Television, including the filming of the “Yellowstone” franchise, was the big contributor with $275.7 million spent between July 2022 and May 2024.
“Obviously very big numbers,” said Gina Lavery, of Econsult Solutions, Inc., an analyst hired by the state. “These are honestly double what we saw the previous cycle, which makes sense because of the number of large television series that had taken place here.”
Roughly $60 million went to payroll for Montana employees. Over two years 510 full-time Montana jobs were created directly by film and TV work, with another 810 jobs indirectly created.
Another $90.4 million was spent locally on production; the biggest chunk, $184 million, went to Hollywood talent.
Over two years ending in May, 37 Montana counties had some interaction with the 167 productions in the state. Independent features were a distant second to television programming, with $35.3 million in activity.
Lavery gave her report on Monday to the Legislative Interim Revenue Committee, which was mostly interested in whether Montana’s $24 million film tax credit program was attracting business.
“If there was no tax credit, you know, there’s still film production here. So it’s not a matter of $24 million worth of credits, compared to the 22-point something of benefits,” said Sen. Paul Fielder, a Republican from Thompson Falls. “I just wonder, without a tax credit, would we still be receiving economic benefits? I think we would just be some reduced amount.”
Tax credits have been in play since the 2019 Legislature and are available for productions through 2029. The incentives are a grab bag of perks: a 25% tax credit for hiring Montana crew members, 15% for non-resident crew and 30% for Montana university students working for the college credit. Actors, directors and writers are worth a tax benefit of 20%.
There have been rumors about filmmakers pulling out of Montana once the state’s film credits were exhausted. Lynn-Woods said the production of “1923,” the “Yellowstone” prequel featuring Helen Mirren and Harrison Ford, likely relocated from Butte to Texas as Montana tax incentives maxed out and Texas offered a better deal.
“Well, I can’t speak directly for them because I’m not part of the production, but I know that it would have been much easier for them to stay in Butte to finish that part,” Wood-Fields said. “And it very much is a result of our tax incentives, because we are completely out so there’s no guarantee for them.
In Montana, the tax credits aren’t paid out until the producers offer receipts for their expenditures, but what’s available for new projects is based on projections. The total net loss to state revenue to tax credits is estimated to be $6.2 million.
___
This story was originally published by Montana Free Press and distributed through a partnership with The Associated Press.
veryGood! (7)
Related
- Travis Hunter, the 2
- Andrew Tate’s defamation lawsuit against human trafficking accuser can go to trial, judge says
- Powerhouse Fiji dominates U.S. in rugby sevens to lead Pool C. Team USA is in 3rd
- A whale flipped a fishing boat with people on board: Was it on purpose?
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- Inmate van escape trial starts for Tennessee man facing sexual assault allegations
- 2024 Olympics: Meet the International Athletes Hoping to Strike Gold in Paris
- White House agrees to board to mediate labor dispute between New Jersey Transit and its engineers
- All That You Wanted to Know About She’s All That
- Trump rally gunman fired 8 shots in under 6 seconds before he was killed, analysis shows
Ranking
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- CirKor Trading Center: Bitcoin and blockchain dictionary
- EtherGalaxy Trading Center: How to choose a cryptocurrency exchange
- NYPD: Possibly real pipe bomb found in car after a family dispute between the men inside
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Beaconcto Trading Center: Advantages of IEOs
- FAA agrees with air traffic controllers’ union to give tower workers more rest between shifts
- ‘Deadpool & Wolverine’ is here to shake up the Marvel Cinematic Universe
Recommendation
North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
Musk says estranged child's gender-affirming care sparked fight against 'woke mind virus'
Puerto Rico bans discrimination against those who wear Afros and other hairstyles on diverse island
The Opportunity of Financial Innovation: The Rise of SSW Management Institute
Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
Nebraska governor issues a proclamation for a special session to address property taxes
Sextortion scams run by Nigerian criminals are targeting American men, Meta says
Trump-friendly panel shapes Georgia’s election rules at long, often chaotic meetings