‘Michael’ sequel to get $30.8 million in California tax credits
Variety reports the sequel is one of 35 films approved for a combined $226 million in California incentives.
TLDR
Variety reports that Lionsgate’s ‘Michael’ sequel will receive $30.8 million in California tax credits to shoot in the state. The original received $21 million in state credits and went on to gross more than $1 billion. The sequel’s credit will cover 35% of qualified costs, compared with 17.5% for the first film.
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